NextGen Clear Street LLC is a venture capital fund based in Baltimore, Maryland. According to its most recent Form D, filed Jul 30, 2024, it has sold $295,000 of interests to 13 investors since its first sale in Jul 2022. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include William White; Brett Rogers; NextGen Venture Partners, LLC.
- Total raised
- $295,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Jul 18, 2022
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- William White; Brett Rogers; NextGen Venture Partners, LLC
- Latest Form D
- Jul 30, 2024
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 NextGen Clear Street LLC
What is the minimum investment for NextGen Clear Street LLC?
NextGen Clear Street LLC's latest Form D, filed Jul 30, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in NextGen Clear Street LLC?
NextGen Clear Street LLC 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). It uses Rule 506(b), which does not allow general advertising.
How much has NextGen Clear Street LLC raised?
NextGen Clear Street LLC reports $295,000 sold from 13 investors on its Form D filed Jul 30, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is NextGen Clear Street LLC based?
NextGen Clear Street LLC is based in Baltimore, Maryland.
When did NextGen Clear Street LLC launch?
NextGen Clear Street LLC reports its first sale in Jul 2022.
Size compared with every venture capital fund
Raised more than 56% of the 88 venture capital funds based in Maryland, and more than 38% of all 14,840 that report sales.