Palta Ltd. is a venture capital fund based in Limassol, Cyprus. According to its most recent Form D, filed Feb 15, 2022, it has sold $79,059,662 of interests to 8 investors since its first sale in Feb 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Alexander Chekan; Per Brilioth; Alexey Gubarev.
- Total raised
- $79,059,662Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Feb 1, 2022
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Alexander Chekan; Per Brilioth; Alexey Gubarev
- Latest Form D
- Feb 15, 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 Palta Ltd.
What is the minimum investment for Palta Ltd.?
Palta Ltd.'s latest Form D, filed Feb 15, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Palta Ltd.?
Palta Ltd. 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Palta Ltd. raised?
Palta Ltd. reports $79,059,662 sold from 8 investors on its Form D filed Feb 15, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Palta Ltd. based?
Palta Ltd. is based in Limassol, Cyprus.
When did Palta Ltd. launch?
Palta Ltd. reports its first sale in Feb 2022.
Size compared with every venture capital fund
This fund hasn't reported any sales yet.