Section Capital III, LP is a private investment fund based in Palo Alto, California. According to its most recent Form D, filed Oct 10, 2017, it has sold $13,725,000 of interests to 39 investors since its first sale in Jan 2017. The minimum investment it accepts from an outside investor is $30,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Section Partners Associates III, LLC; Crowder Ventures Management, LLC; David Crowder.
- Total raised
- $13,725,000Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Jan 17, 2017
- Minimum investment
- $30,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Section Partners Associates III, LLC; Crowder Ventures Management, LLC; David Crowder
- Latest Form D
- Oct 10, 2017
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 Capital III, LP
What is the minimum investment for Section Capital III, LP?
According to its latest Form D, filed Oct 10, 2017, the minimum investment Section Capital III, LP accepts from an outside investor is $30,000.
Who can invest in Section Capital III, LP?
Section Capital III, LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Section Capital III, LP raised?
Section Capital III, LP reports $13,725,000 sold from 39 investors on its Form D filed Oct 10, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Section Capital III, LP based?
Section Capital III, LP is based in Palo Alto, California.
When did Section Capital III, LP launch?
Section Capital III, LP reports its first sale in Jan 2017.
Size compared with every private investment fund
Raised more than 64% of the 1,702 private investment funds based in California, and more than 46% of all 10,212 that report sales.