Sandbridge Consumer (parallel) Fund III, LP
Sandbridge Consumer (parallel) Fund III, LP is a private equity fund based in Los Angeles, California. According to its most recent Form D, filed Mar 25, 2022, it has sold $115,450,000 of interests to 1 investor since its first sale in Oct 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 Henry; Sandbridge GP III Manager, LLC; Sandbridge Consumer Fund III General Partner, LLC.
- Total raised
- $115,450,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Oct 5, 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 Henry; Sandbridge GP III Manager, LLC; Sandbridge Consumer Fund III General Partner, LLC
- Latest Form D
- Mar 25, 2022
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 Sandbridge Consumer (parallel) Fund III, LP
What is the minimum investment for Sandbridge Consumer (parallel) Fund III, LP?
Sandbridge Consumer (parallel) Fund III, LP's latest Form D, filed Mar 25, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Sandbridge Consumer (parallel) Fund III, LP?
Sandbridge Consumer (parallel) Fund III, 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 Sandbridge Consumer (parallel) Fund III, LP raised?
Sandbridge Consumer (parallel) Fund III, LP reports $115,450,000 sold from 1 investor on its Form D filed Mar 25, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Sandbridge Consumer (parallel) Fund III, LP based?
Sandbridge Consumer (parallel) Fund III, LP is based in Los Angeles, California.
When did Sandbridge Consumer (parallel) Fund III, LP launch?
Sandbridge Consumer (parallel) Fund III, LP reports its first sale in Oct 2021.
Size compared with every private equity fund
Raised more than 88% of the 1,744 private equity funds based in California, and more than 74% of all 8,896 that report sales.