SL Lc I, LP
SL Lc I, LP is a venture capital fund based in Scottsdale, Arizona. According to its most recent Form D, filed Apr 22, 2021, it has sold $700,000 of interests to 5 investors since its first sale in Apr 2021. 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 Social Leverage Advisors, LLC; Gary Benitt; SL Investment Management, LLC.
- Total raised
- $700,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Apr 9, 2021
- 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
- Social Leverage Advisors, LLC; Gary Benitt; SL Investment Management, LLC
- Latest Form D
- Apr 22, 2021
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 SL Lc I, LP
What is the minimum investment for SL Lc I, LP?
SL Lc I, LP's latest Form D, filed Apr 22, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SL Lc I, LP?
SL Lc I, 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 SL Lc I, LP raised?
SL Lc I, LP reports $700,000 sold from 5 investors on its Form D filed Apr 22, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is SL Lc I, LP based?
SL Lc I, LP is based in Scottsdale, Arizona.
When did SL Lc I, LP launch?
SL Lc I, LP reports its first sale in Apr 2021.
Size compared with every venture capital fund
Raised more than 59% of the 34 venture capital funds based in Arizona, and more than 55% of all 14,840 that report sales.