Palm Tree Crew Update Partners LLC
Palm Tree Crew Update Partners LLC is a venture capital fund based in Los Angeles, California. According to its most recent Form D, filed Mar 23, 2022, it has sold $500,000 of interests to 13 investors since its first sale in Jan 2022. The minimum investment it accepts from an outside investor is $100,000. 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 Palm Tree Crew Partners SPV, LLC.
- Total raised
- $500,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Jan 7, 2022
- Minimum investment
- $100,000
- 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
- Palm Tree Crew Partners SPV, LLC
- Latest Form D
- Mar 23, 2022
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 Update Partners LLC
What is the minimum investment for Palm Tree Crew Update Partners LLC?
According to its latest Form D, filed Mar 23, 2022, the minimum investment Palm Tree Crew Update Partners LLC accepts from an outside investor is $100,000.
Who can invest in Palm Tree Crew Update Partners LLC?
Palm Tree Crew Update 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 Update Partners LLC raised?
Palm Tree Crew Update Partners LLC reports $500,000 sold from 13 investors on its Form D filed Mar 23, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Palm Tree Crew Update Partners LLC based?
Palm Tree Crew Update Partners LLC is based in Los Angeles, California.
When did Palm Tree Crew Update Partners LLC launch?
Palm Tree Crew Update Partners LLC reports its first sale in Jan 2022.
Size compared with every venture capital fund
Raised more than 45% of the 2,227 venture capital funds based in California, and more than 48% of all 14,865 that report sales.