Primary Select Fund I, L.P. is a venture capital fund based in New York, New York. According to its most recent Form D, filed Aug 13, 2019, it has sold $33,000,000 of interests to 17 investors since its first sale in Aug 2019. The minimum investment it accepts from an outside investor is $250,000. 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 Primary Select Fund I GP, LLC; Bradley Svrluga; Ben Sun.
- Total raised
- $33,000,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Aug 7, 2019
- Minimum investment
- $250,000
- 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
- Primary Select Fund I GP, LLC; Bradley Svrluga; Ben Sun
- Latest Form D
- Aug 13, 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 Primary Select Fund I, L.P.
What is the minimum investment for Primary Select Fund I, L.P.?
According to its latest Form D, filed Aug 13, 2019, the minimum investment Primary Select Fund I, L.P. accepts from an outside investor is $250,000.
Who can invest in Primary Select Fund I, L.P.?
Primary Select Fund I, L.P. 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 Primary Select Fund I, L.P. raised?
Primary Select Fund I, L.P. reports $33,000,000 sold from 17 investors on its Form D filed Aug 13, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Primary Select Fund I, L.P. based?
Primary Select Fund I, L.P. is based in New York, New York.
When did Primary Select Fund I, L.P. launch?
Primary Select Fund I, L.P. reports its first sale in Aug 2019.
Size compared with every venture capital fund
Raised more than 90% of the 1,237 venture capital funds based in New York, and more than 95% of all 14,875 that report sales.