AltMountain

PS27 Rhea Fund, LP

Jacksonville, FL · CIK 1867728
Status: no Form D since Jun 2021. 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.

PS27 Rhea Fund, LP is a venture capital fund based in Jacksonville, Florida. According to its most recent Form D, filed Jun 16, 2021, it has sold $8,000,000 of interests to 3 investors since its first sale in Jun 2021. The minimum investment it accepts from an outside investor is $1,000,000. 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 James Stallings.

Total raised
$8,000,000Cumulative sales reported on Form D
Investors
3
First sale
Jun 7, 2021
Minimum investment
$1,000,000
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
James Stallings
Latest Form D
Jun 16, 2021

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 PS27 Rhea Fund, LP

What is the minimum investment for PS27 Rhea Fund, LP?

According to its latest Form D, filed Jun 16, 2021, the minimum investment PS27 Rhea Fund, LP accepts from an outside investor is $1,000,000.

Who can invest in PS27 Rhea Fund, LP?

PS27 Rhea Fund, LP 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 PS27 Rhea Fund, LP raised?

PS27 Rhea Fund, LP reports $8,000,000 sold from 3 investors on its Form D filed Jun 16, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is PS27 Rhea Fund, LP based?

PS27 Rhea Fund, LP is based in Jacksonville, Florida.

When did PS27 Rhea Fund, LP launch?

PS27 Rhea Fund, LP reports its first sale in Jun 2021.

Size compared with every venture capital fund

Raised more than 76% of the 568 venture capital funds based in Florida, and more than 86% of all 14,865 that report sales.

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