Norte Ventures II Parallel Fund, LP is a venture capital fund based in Sao Paulo-Sp, Brazil. According to its most recent Form D, filed Aug 15, 2024, it has sold $1,473,000 of interests to 47 investors since its first sale in May 2024. 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 Gustavo Ahrends; Gabriel Benarros; Norte Ventures I GP, LLC.
- Total raised
- $1,473,000Cumulative sales reported on Form D
- Investors
- 47
- First sale
- May 12, 2024
- 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
- Gustavo Ahrends; Gabriel Benarros; Norte Ventures I GP, LLC
- Latest Form D
- Aug 15, 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 Norte Ventures II Parallel Fund, LP
What is the minimum investment for Norte Ventures II Parallel Fund, LP?
Norte Ventures II Parallel Fund, LP's latest Form D, filed Aug 15, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Norte Ventures II Parallel Fund, LP?
Norte Ventures II Parallel Fund, 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). It uses Rule 506(b), which does not allow general advertising.
How much has Norte Ventures II Parallel Fund, LP raised?
Norte Ventures II Parallel Fund, LP reports $1,473,000 sold from 47 investors on its Form D filed Aug 15, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Norte Ventures II Parallel Fund, LP based?
Norte Ventures II Parallel Fund, LP is based in Sao Paulo-Sp, Brazil.
When did Norte Ventures II Parallel Fund, LP launch?
Norte Ventures II Parallel Fund, LP reports its first sale in May 2024.
Size compared with every venture capital fund
Raised more than 59% of the 22 venture capital funds based in Brazil, and more than 67% of all 14,829 that report sales.