Rushmore Opportunity LP
Rushmore Opportunity LP is a private equity fund based in San Francisco, California. According to its most recent Form D, filed Jan 28, 2021, it has sold $60,000,000 of interests to 1 investor 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 Richard Magnuson; David Smolen.
- Total raised
- $60,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jan 27, 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
- Richard Magnuson; David Smolen
- Latest Form D
- Jan 28, 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 Rushmore Opportunity LP
What is the minimum investment for Rushmore Opportunity LP?
Rushmore Opportunity LP's latest Form D, filed Jan 28, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Rushmore Opportunity LP?
Rushmore Opportunity LP 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 Rushmore Opportunity LP raised?
Rushmore Opportunity LP reports $60,000,000 sold from 1 investor on its Form D filed Jan 28, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Rushmore Opportunity LP based?
Rushmore Opportunity LP is based in San Francisco, California.
When did Rushmore Opportunity LP launch?
Rushmore Opportunity LP reports its first sale in Jan 2021.
Size compared with every private equity fund
Raised more than 84% of the 1,740 private equity funds based in California, and more than 66% of all 8,896 that report sales.