AltMountain

Physician Fund LP

Status: no Form D since Jul 2016. 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.

Physician Fund LP is a venture capital fund based in Research Triangle Park, North Carolina. According to its most recent Form D, filed Jul 14, 2016, it has sold $11,200,000 of interests to 78 investors since its first sale in Jul 2013. The minimum investment it accepts from an outside investor is $12,500. 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 Gary Abrahams; Bobby Bahram.

Total raised
$11,200,000Cumulative sales reported on Form D
Investors
78
First sale
Jul 1, 2013
Minimum investment
$12,500
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
Gary Abrahams; Bobby Bahram
Latest Form D
Jul 14, 2016

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 Physician Fund LP

What is the minimum investment for Physician Fund LP?

According to its latest Form D, filed Jul 14, 2016, the minimum investment Physician Fund LP accepts from an outside investor is $12,500.

Who can invest in Physician Fund LP?

Physician Fund LP 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 Physician Fund LP raised?

Physician Fund LP reports $11,200,000 sold from 78 investors on its Form D filed Jul 14, 2016. This is cumulative sales since the offering began, not current assets or performance.

Where is Physician Fund LP based?

Physician Fund LP is based in Research Triangle Park, North Carolina.

When did Physician Fund LP launch?

Physician Fund LP reports its first sale in Jul 2013.

Size compared with every venture capital fund

Raised more than 89% of the 120 venture capital funds based in North Carolina, and more than 89% of all 14,820 that report sales.

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