Playground Ventures, L.P. is a venture capital fund based in Los Altos, California. According to its most recent Form D, filed Apr 6, 2015, it has sold $242,424,242 of interests to 5 investors since its first sale in Apr 2015. 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, LLC; Matt Hershenson.
- Total raised
- $242,424,242Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Apr 6, 2015
- 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, LLC; Matt Hershenson
- Latest Form D
- Apr 6, 2015
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 Ventures, L.P.
What is the minimum investment for Playground Ventures, L.P.?
Playground Ventures, L.P.'s latest Form D, filed Apr 6, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Playground Ventures, L.P.?
Playground Ventures, 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 Ventures, L.P. raised?
Playground Ventures, L.P. reports $242,424,242 sold from 5 investors on its Form D filed Apr 6, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Playground Ventures, L.P. based?
Playground Ventures, L.P. is based in Los Altos, California.
When did Playground Ventures, L.P. launch?
Playground Ventures, L.P. reports its first sale in Apr 2015.
Size compared with every venture capital fund
Raised more than 97% of the 2,222 venture capital funds based in California, and more than 99% of all 14,829 that report sales.