Palm Tree Crew Daring Partners LLC
Palm Tree Crew Daring Partners LLC is a venture capital fund based in Closter, New Jersey. According to its most recent Form D, filed Aug 18, 2023, it has sold $3,219,484 of interests to 30 investors since its first sale in May 2021. The minimum investment it accepts from an outside investor is $25,000. 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 LLC Palm Tree Crew Partners SPV.
- Total raised
- $3,219,484Cumulative sales reported on Form D
- Investors
- 30
- First sale
- May 14, 2021
- Minimum investment
- $25,000
- 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
- LLC Palm Tree Crew Partners SPV
- Latest Form D
- Aug 18, 2023
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 Palm Tree Crew Daring Partners LLC
What is the minimum investment for Palm Tree Crew Daring Partners LLC?
According to its latest Form D, filed Aug 18, 2023, the minimum investment Palm Tree Crew Daring Partners LLC accepts from an outside investor is $25,000.
Who can invest in Palm Tree Crew Daring Partners LLC?
Palm Tree Crew Daring Partners 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 Palm Tree Crew Daring Partners LLC raised?
Palm Tree Crew Daring Partners LLC reports $3,219,484 sold from 30 investors on its Form D filed Aug 18, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Palm Tree Crew Daring Partners LLC based?
Palm Tree Crew Daring Partners LLC is based in Closter, New Jersey.
When did Palm Tree Crew Daring Partners LLC launch?
Palm Tree Crew Daring Partners LLC reports its first sale in May 2021.
Size compared with every venture capital fund
Raised more than 64% of the 87 venture capital funds based in New Jersey, and more than 77% of all 14,865 that report sales.