Ncti III LP is a venture capital fund based in Ann Arbor, Michigan. According to its most recent Form D, filed Jul 1, 2009, it has sold $20,257,804 of interests to 8 investors since its first sale in Jun 2008. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include General Partner NC Management III, LLC; Lindsay Aspegren; Hugo Braun.
- Total raised
- $20,257,804Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Jun 27, 2008
- Minimum investment
- $250,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Other exemption
- Key people and entities
- General Partner NC Management III, LLC; Lindsay Aspegren; Hugo Braun
- Latest Form D
- Jul 1, 2009
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Ncti III LP
What is the minimum investment for Ncti III LP?
According to its latest Form D, filed Jul 1, 2009, the minimum investment Ncti III LP accepts from an outside investor is $250,000.
Who can invest in Ncti III LP?
Ncti III LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1).
How much has Ncti III LP raised?
Ncti III LP reports $20,257,804 sold from 8 investors on its Form D filed Jul 1, 2009. This is cumulative sales since the offering began, not current assets or performance.
Where is Ncti III LP based?
Ncti III LP is based in Ann Arbor, Michigan.
When did Ncti III LP launch?
Ncti III LP reports its first sale in Jun 2008.
Size compared with every venture capital fund
Raised more than 93% of the 29 venture capital funds based in Michigan, and more than 92% of all 14,840 that report sales.