SCGE Pearl, LLC
SCGE Pearl, LLC is a hedge fund based in Menlo Park, California. According to its most recent Form D, filed May 8, 2023, the fund has sold $37,100,000 of interests to 11 investors since its first sale in Mar 2023. The minimum investment it accepts from an outside investor is $100,000. 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 Roelof Botha; SCGE Management, L.P; Jeffrey Wang.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $37,100,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Mar 17, 2023
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Roelof Botha; SCGE Management, L.P; Jeffrey Wang
- Latest Form D
- May 8, 2023
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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about SCGE Pearl, LLC
What is the minimum investment for SCGE Pearl, LLC?
According to its latest Form D, filed May 8, 2023, the minimum investment SCGE Pearl, LLC accepts from an outside investor is $100,000.
Who can invest in SCGE Pearl, LLC?
SCGE Pearl, 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(b), which does not allow general advertising.
How much has SCGE Pearl, LLC raised?
SCGE Pearl, LLC reports $37,100,000 sold from 11 investors on its Form D filed May 8, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is SCGE Pearl, LLC based?
SCGE Pearl, LLC is based in Menlo Park, California.
When did SCGE Pearl, LLC launch?
SCGE Pearl, LLC reports its first sale in Mar 2023.
Size compared with every hedge fund
Raised more than 52% of the 1,049 hedge funds based in California, and more than 41% of all 10,139 that report sales.