SP Ventures Fund LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Sep 20, 2019, it has sold $5,330,745 of interests to 32 investors since its first sale in Nov 2017. The filing does not set a minimum investment. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Michael Castillero; Eric Lachow.
- Total raised
- $5,330,745Cumulative sales reported on Form D
- Investors
- 32
- First sale
- Nov 15, 2017
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Michael Castillero; Eric Lachow
- Latest Form D
- Sep 20, 2019
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 Ventures Fund LLC
What is the minimum investment for SP Ventures Fund LLC?
SP Ventures Fund LLC's latest Form D, filed Sep 20, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SP Ventures Fund LLC?
SP Ventures Fund LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has SP Ventures Fund LLC raised?
SP Ventures Fund LLC reports $5,330,745 sold from 32 investors on its Form D filed Sep 20, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is SP Ventures Fund LLC based?
SP Ventures Fund LLC is based in New York, New York.
When did SP Ventures Fund LLC launch?
SP Ventures Fund LLC reports its first sale in Nov 2017.
Size compared with every private investment fund
Raised more than 42% of the 2,834 private investment funds based in New York, and more than 33% of all 10,287 that report sales.