Proximity Fifth Down I, LLC is a venture capital fund based in New York, New York. Its most recent Form D, filed Jul 29, 2024, reports no sales yet. 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 Proximity Ventures Management Co., LLC; Proximity Fifth Down I MM, LLC; Neil Sirni.
- Total raised
- $0Cumulative sales reported on Form D
- Investors
- 0
- First sale
- —
- 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
- Proximity Ventures Management Co., LLC; Proximity Fifth Down I MM, LLC; Neil Sirni
- Latest Form D
- Jul 29, 2024
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 Proximity Fifth Down I, LLC
What is the minimum investment for Proximity Fifth Down I, LLC?
Proximity Fifth Down I, LLC's latest Form D, filed Jul 29, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Proximity Fifth Down I, LLC?
Proximity Fifth Down I, LLC 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 Proximity Fifth Down I, LLC raised?
Proximity Fifth Down I, LLC's latest Form D, filed Jul 29, 2024, reports no sales yet.
Where is Proximity Fifth Down I, LLC based?
Proximity Fifth Down I, LLC is based in New York, New York.
Size compared with every venture capital fund
This fund hasn't reported any sales yet.