Play Ventures I LP is a venture capital fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jul 29, 2019, it has sold $40,000,000 of interests to 54 investors since its first sale in Dec 2018. The minimum investment it accepts from an outside investor is $200,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Harri Manninen; Henric Suuronen.
- Total raised
- $40,000,000Cumulative sales reported on Form D
- Investors
- 54
- First sale
- Dec 3, 2018
- Minimum investment
- $200,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Harri Manninen; Henric Suuronen
- Latest Form D
- Jul 29, 2019
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 Play Ventures I LP
What is the minimum investment for Play Ventures I LP?
According to its latest Form D, filed Jul 29, 2019, the minimum investment Play Ventures I LP accepts from an outside investor is $200,000.
Who can invest in Play Ventures I LP?
Play Ventures I LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Play Ventures I LP raised?
Play Ventures I LP reports $40,000,000 sold from 54 investors on its Form D filed Jul 29, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Play Ventures I LP based?
Play Ventures I LP is based in Grand Cayman, Cayman Islands.
When did Play Ventures I LP launch?
Play Ventures I LP reports its first sale in Dec 2018.
Size compared with every venture capital fund
Raised more than 87% of the 75 venture capital funds based in Cayman Islands, and more than 95% of all 14,800 that report sales.