Spy Rock Development Fund I, LP
Spy Rock Development Fund I, LP is a private investment fund based in Richmond, Virginia. According to its most recent Form D, filed Oct 11, 2023, it has sold $11,770,000 of interests to 41 investors since its first sale in Sep 2022. The minimum investment it accepts from an outside investor is $100,000. 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 Spy Rock Development I GP, LLC; Jack Conti; Spy Rock Real Estate, LLC.
- Total raised
- $11,770,000Cumulative sales reported on Form D
- Investors
- 41
- First sale
- Sep 29, 2022
- Minimum investment
- $100,000
- 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
- Spy Rock Development I GP, LLC; Jack Conti; Spy Rock Real Estate, LLC
- Latest Form D
- Oct 11, 2023
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 Spy Rock Development Fund I, LP
What is the minimum investment for Spy Rock Development Fund I, LP?
According to its latest Form D, filed Oct 11, 2023, the minimum investment Spy Rock Development Fund I, LP accepts from an outside investor is $100,000.
Who can invest in Spy Rock Development Fund I, LP?
Spy Rock Development Fund I, 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 Spy Rock Development Fund I, LP raised?
Spy Rock Development Fund I, LP reports $11,770,000 sold from 41 investors on its Form D filed Oct 11, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Spy Rock Development Fund I, LP based?
Spy Rock Development Fund I, LP is based in Richmond, Virginia.
When did Spy Rock Development Fund I, LP launch?
Spy Rock Development Fund I, LP reports its first sale in Sep 2022.
Size compared with every private investment fund
Raised more than 53% of the 127 private investment funds based in Virginia, and more than 44% of all 10,333 that report sales.