Section 32 Fund 5, LP is a venture capital fund based in Palo Alto, California. According to its most recent Form D, filed Jul 13, 2023, it has sold $480,735,000 of interests to 135 investors since its first sale in Jul 2022. 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 William Maris.
- Total raised
- $480,735,000Cumulative sales reported on Form D
- Investors
- 135
- First sale
- Jul 14, 2022
- 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
- William Maris
- Latest Form D
- Jul 13, 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. 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 Section 32 Fund 5, LP
What is the minimum investment for Section 32 Fund 5, LP?
Section 32 Fund 5, LP's latest Form D, filed Jul 13, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Section 32 Fund 5, LP?
Section 32 Fund 5, 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 Section 32 Fund 5, LP raised?
Section 32 Fund 5, LP reports $480,735,000 sold from 135 investors on its Form D filed Jul 13, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Section 32 Fund 5, LP based?
Section 32 Fund 5, LP is based in Palo Alto, California.
When did Section 32 Fund 5, LP launch?
Section 32 Fund 5, LP reports its first sale in Jul 2022.
Size compared with every venture capital fund
Raised more than 99% of the 2,199 venture capital funds based in California, and more than 100% of all 14,768 that report sales.