AltMountain

SP Crestone Peak, LLC

Fort Worth, TX · CIK 1831489 · Sponsor: Summit Peak Ventures GP II, LLC
Status: no Form D since Nov 2020. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

SP Crestone Peak, LLC is a private investment fund based in Fort Worth, Texas. According to its most recent Form D, filed Nov 12, 2020, it has sold $4,230,000 of interests to 18 investors since its first sale in Oct 2020. 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 Patrick O'Connor; Apurva Mehta; Summit Peak Ventures GP II, LLC.

Total raised
$4,230,000Cumulative sales reported on Form D
Investors
18
First sale
Oct 29, 2020
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
Patrick O'Connor; Apurva Mehta; Summit Peak Ventures GP II, LLC
Latest Form D
Nov 12, 2020

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 SP Crestone Peak, LLC

What is the minimum investment for SP Crestone Peak, LLC?

SP Crestone Peak, LLC's latest Form D, filed Nov 12, 2020, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in SP Crestone Peak, LLC?

SP Crestone Peak, 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 SP Crestone Peak, LLC raised?

SP Crestone Peak, LLC reports $4,230,000 sold from 18 investors on its Form D filed Nov 12, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is SP Crestone Peak, LLC based?

SP Crestone Peak, LLC is based in Fort Worth, Texas.

When did SP Crestone Peak, LLC launch?

SP Crestone Peak, LLC reports its first sale in Oct 2020.

Size compared with every private investment fund

Raised more than 45% of the 878 private investment funds based in Texas, and more than 29% of all 10,266 that report sales.

Other programs from Summit Peak Ventures GP II, LLC

All 3 funds from this sponsor

Other funds with the same team

More private investment funds in Fort Worth

Similar-size private investment funds in Texas

All private investment funds in Texas