OCA venBio III LLC is a private equity fund based in New York, New York. According to its most recent Form D, filed Nov 3, 2020, it has sold $37,192,000 of interests to 54 investors since its first sale in Mar 2020. The minimum investment it accepts from an outside investor is $1,000,000. 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 Vincent Rella; Offit Capital Advisors LLC; Dan Offit.
- Total raised
- $37,192,000Cumulative sales reported on Form D
- Investors
- 54
- First sale
- Mar 17, 2020
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Vincent Rella; Offit Capital Advisors LLC; Dan Offit
- Latest Form D
- Nov 3, 2020
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 OCA venBio III LLC
What is the minimum investment for OCA venBio III LLC?
According to its latest Form D, filed Nov 3, 2020, the minimum investment OCA venBio III LLC accepts from an outside investor is $1,000,000.
Who can invest in OCA venBio III LLC?
OCA venBio 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 OCA venBio III LLC raised?
OCA venBio III LLC reports $37,192,000 sold from 54 investors on its Form D filed Nov 3, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is OCA venBio III LLC based?
OCA venBio III LLC is based in New York, New York.
When did OCA venBio III LLC launch?
OCA venBio III LLC reports its first sale in Mar 2020.
Size compared with every private equity fund
Raised more than 68% of the 3,668 private equity funds based in New York, and more than 60% of all 8,918 that report sales.