RV III Bnce, LP is a private investment fund based in New York, New York. According to its most recent Form D, filed Aug 7, 2025, it has sold $4,105,000 of interests to 19 investors since its first sale in Jul 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Michael Steinberg; Reciprocal Ventures SPV GP, LLC.
- Total raised
- $4,105,000Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Jul 28, 2025
- 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
- Michael Steinberg; Reciprocal Ventures SPV GP, LLC
- Latest Form D
- Aug 7, 2025
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 RV III Bnce, LP
What is the minimum investment for RV III Bnce, LP?
RV III Bnce, LP's latest Form D, filed Aug 7, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in RV III Bnce, LP?
RV III Bnce, 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 RV III Bnce, LP raised?
RV III Bnce, LP reports $4,105,000 sold from 19 investors on its Form D filed Aug 7, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is RV III Bnce, LP based?
RV III Bnce, LP is based in New York, New York.
When did RV III Bnce, LP launch?
RV III Bnce, LP reports its first sale in Jul 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 39% of the 2,840 private investment funds based in New York, and more than 29% of all 10,311 that report sales.