AltMountain

Pelican Venture LP

San Diego, CA · CIK 1936667
Status: no Form D since Jul 2022. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Pelican Venture LP is a real estate fund based in San Diego, California. According to its most recent Form D, filed Jul 7, 2022, it has sold $3,000,000 of interests to 25 investors since its first sale in Jun 2022. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Russell Murfey; Scott Murfey.

Total raised
$3,000,000Cumulative sales reported on Form D
Investors
25
First sale
Jun 8, 2022
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Russell Murfey; Scott Murfey
Latest Form D
Jul 7, 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 Pelican Venture LP

What is the minimum investment for Pelican Venture LP?

According to its latest Form D, filed Jul 7, 2022, the minimum investment Pelican Venture LP accepts from an outside investor is $100,000.

Who can invest in Pelican Venture LP?

Pelican Venture LP is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Pelican Venture LP raised?

Pelican Venture LP reports $3,000,000 sold from 25 investors on its Form D filed Jul 7, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Pelican Venture LP based?

Pelican Venture LP is based in San Diego, California.

When did Pelican Venture LP launch?

Pelican Venture LP reports its first sale in Jun 2022.

Size compared with every real estate fund

Raised more than 65% of the 1,090 real estate funds based in California, and more than 54% of all 7,321 that report sales.

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