AltMountain

Refactor Specialty, L.P.

Burlingame, CA · CIK 1845207
Status: no Form D since Feb 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.

Refactor Specialty, L.P. is a venture capital fund based in Burlingame, California. According to its most recent Form D, filed Feb 9, 2021, it has sold $3,090,000 of interests to 2 investors since its first sale in Jan 2021. 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 Zal Bilimoria; Refactor Specialty GP, LLC; David Lee.

Total raised
$3,090,000Cumulative sales reported on Form D
Investors
2
First sale
Jan 21, 2021
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
Zal Bilimoria; Refactor Specialty GP, LLC; David Lee
Latest Form D
Feb 9, 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 Refactor Specialty, L.P.

What is the minimum investment for Refactor Specialty, L.P.?

Refactor Specialty, L.P.'s latest Form D, filed Feb 9, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Refactor Specialty, L.P.?

Refactor Specialty, 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 Refactor Specialty, L.P. raised?

Refactor Specialty, L.P. reports $3,090,000 sold from 2 investors on its Form D filed Feb 9, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Refactor Specialty, L.P. based?

Refactor Specialty, L.P. is based in Burlingame, California.

When did Refactor Specialty, L.P. launch?

Refactor Specialty, L.P. reports its first sale in Jan 2021.

Size compared with every venture capital fund

Raised more than 62% of the 2,193 venture capital funds based in California, and more than 77% of all 14,732 that report sales.

Other funds with the same team

More venture capital funds in Burlingame

Similar-size venture capital funds in California

All venture capital funds in California