Shima Capital LLC is a venture capital fund based in San Juan, Puerto Rico. According to its most recent Form D, filed Dec 23, 2022, it has sold $5,995,000 of interests to 16 investors since its first sale in Apr 2021. The filing does not set a minimum investment. 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 Yida Gao; Shima Capital Management LLC; Shima Capital GP LLC.
- Total raised
- $5,995,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Apr 4, 2021
- Minimum investment
- None set
- 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
- Yida Gao; Shima Capital Management LLC; Shima Capital GP LLC
- Latest Form D
- Dec 23, 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 Shima Capital LLC
What is the minimum investment for Shima Capital LLC?
Shima Capital LLC's latest Form D, filed Dec 23, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Shima Capital LLC?
Shima Capital LLC 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 Shima Capital LLC raised?
Shima Capital LLC reports $5,995,000 sold from 16 investors on its Form D filed Dec 23, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Shima Capital LLC based?
Shima Capital LLC is based in San Juan, Puerto Rico.
When did Shima Capital LLC launch?
Shima Capital LLC reports its first sale in Apr 2021.
Size compared with every venture capital fund
Raised more than 58% of the 24 venture capital funds based in Puerto Rico, and more than 84% of all 14,829 that report sales.