Salute Venture LP
Salute Venture LP is a private equity fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Aug 1, 2024, it has sold $131,194,091 of interests to 6 investors since its first sale in Jul 2024. 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 Anthony Iannazzo; James Dunbar; VP Unity Promco Ugp LLC.
- Total raised
- $131,194,091Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Jul 19, 2024
- 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
- Anthony Iannazzo; James Dunbar; VP Unity Promco Ugp LLC
- Latest Form D
- Aug 1, 2024
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 Salute Venture LP
What is the minimum investment for Salute Venture LP?
Salute Venture LP's latest Form D, filed Aug 1, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Salute Venture LP?
Salute Venture 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 Salute Venture LP raised?
Salute Venture LP reports $131,194,091 sold from 6 investors on its Form D filed Aug 1, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Salute Venture LP based?
Salute Venture LP is based in Minneapolis, Minnesota.
When did Salute Venture LP launch?
Salute Venture LP reports its first sale in Jul 2024.
Size compared with every private equity fund
Raised more than 64% of the 59 private equity funds based in Minnesota, and more than 76% of all 8,918 that report sales.