AltMountain

Playground Acquire, L.P.

Palo Alto, CA · CIK 1868067
Status: no Form D since May 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.

Playground Acquire, L.P. is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed May 12, 2022, it has sold $30,712,539 of interests to 4 investors since its first sale in Mar 2022. The filing does not set a minimum investment. 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 Bruce Leak; Playground Ventures GP II, LLC; Peter Barrett.

Total raised
$30,712,539Cumulative sales reported on Form D
Investors
4
First sale
Mar 24, 2022
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Bruce Leak; Playground Ventures GP II, LLC; Peter Barrett
Latest Form D
May 12, 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 Playground Acquire, L.P.

What is the minimum investment for Playground Acquire, L.P.?

Playground Acquire, L.P.'s latest Form D, filed May 12, 2022, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Playground Acquire, L.P.?

Playground Acquire, L.P. 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 Playground Acquire, L.P. raised?

Playground Acquire, L.P. reports $30,712,539 sold from 4 investors on its Form D filed May 12, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Playground Acquire, L.P. based?

Playground Acquire, L.P. is based in Palo Alto, California.

When did Playground Acquire, L.P. launch?

Playground Acquire, L.P. reports its first sale in Mar 2022.

Size compared with every venture capital fund

Raised more than 87% of the 2,216 venture capital funds based in California, and more than 94% of all 14,800 that report sales.

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