New Ventures III, LLC
New Ventures III, LLC is a private investment fund based in Virginia Beach, Virginia. According to its most recent Form D, filed Aug 22, 2019, it has sold $61,367,096 of interests to 138 investors since its first sale in Oct 2016. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Mark Finn.
- Total raised
- $61,367,096Cumulative sales reported on Form D
- Investors
- 138
- First sale
- Oct 1, 2016
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Mark Finn
- Latest Form D
- Aug 22, 2019
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 New Ventures III, LLC
What is the minimum investment for New Ventures III, LLC?
According to its latest Form D, filed Aug 22, 2019, the minimum investment New Ventures III, LLC accepts from an outside investor is $500,000.
Who can invest in New Ventures III, LLC?
New Ventures III, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has New Ventures III, LLC raised?
New Ventures III, LLC reports $61,367,096 sold from 138 investors on its Form D filed Aug 22, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is New Ventures III, LLC based?
New Ventures III, LLC is based in Virginia Beach, Virginia.
When did New Ventures III, LLC launch?
New Ventures III, LLC reports its first sale in Oct 2016.
Size compared with every private investment fund
Raised more than 78% of the 127 private investment funds based in Virginia, and more than 65% of all 10,333 that report sales.