SC Master Fund, LLC is a venture capital fund based in Corona Del Mar, California. According to its most recent Form D, filed Dec 18, 2020, it has sold $32,600,000 of interests to 12 investors since its first sale in Dec 2019. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Richard Gochnauer.
- Total raised
- $32,600,000Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Dec 20, 2019
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Richard Gochnauer
- Latest Form D
- Dec 18, 2020
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 SC Master Fund, LLC
What is the minimum investment for SC Master Fund, LLC?
SC Master Fund, LLC's latest Form D, filed Dec 18, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SC Master Fund, LLC?
SC Master Fund, LLC 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(c), so it may advertise, but every investor must be verified as accredited.
How much has SC Master Fund, LLC raised?
SC Master Fund, LLC reports $32,600,000 sold from 12 investors on its Form D filed Dec 18, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is SC Master Fund, LLC based?
SC Master Fund, LLC is based in Corona Del Mar, California.
When did SC Master Fund, LLC launch?
SC Master Fund, LLC reports its first sale in Dec 2019.
Size compared with every venture capital fund
Raised more than 87% of the 2,224 venture capital funds based in California, and more than 94% of all 14,835 that report sales.