Range Summit Capital Fund 3, LP
Range Summit Capital Fund 3, LP is a private equity fund based in Studio City, California. According to its most recent Form D, filed Feb 2, 2021, it has sold $16,650,000 of interests to 20 investors since its first sale in Dec 2020. The minimum investment it accepts from an outside investor is $10,000. 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 RCF Asset Management Group 3, LLC; Michael Thom; Summit Equity Investments, Inc.
- Total raised
- $16,650,000Cumulative sales reported on Form D
- Investors
- 20
- First sale
- Dec 16, 2020
- Minimum investment
- $10,000
- 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
- RCF Asset Management Group 3, LLC; Michael Thom; Summit Equity Investments, Inc
- Latest Form D
- Feb 2, 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 Range Summit Capital Fund 3, LP
What is the minimum investment for Range Summit Capital Fund 3, LP?
According to its latest Form D, filed Feb 2, 2021, the minimum investment Range Summit Capital Fund 3, LP accepts from an outside investor is $10,000.
Who can invest in Range Summit Capital Fund 3, LP?
Range Summit Capital Fund 3, 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 Range Summit Capital Fund 3, LP raised?
Range Summit Capital Fund 3, LP reports $16,650,000 sold from 20 investors on its Form D filed Feb 2, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Range Summit Capital Fund 3, LP based?
Range Summit Capital Fund 3, LP is based in Studio City, California.
When did Range Summit Capital Fund 3, LP launch?
Range Summit Capital Fund 3, LP reports its first sale in Dec 2020.
Size compared with every private equity fund
Raised more than 72% of the 1,740 private equity funds based in California, and more than 49% of all 8,896 that report sales.