Sunvard LP
Sunvard LP is a private investment fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Oct 10, 2014, it has sold $50,000,000 of interests to 1 investor since its first sale in Sep 2014. The minimum investment it accepts from an outside investor is $10,000,000. 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 Jim Dunbar; Rick Noel; David Marple.
- Total raised
- $50,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Sep 26, 2014
- Minimum investment
- $10,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jim Dunbar; Rick Noel; David Marple
- Latest Form D
- Oct 10, 2014
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 Sunvard LP
What is the minimum investment for Sunvard LP?
According to its latest Form D, filed Oct 10, 2014, the minimum investment Sunvard LP accepts from an outside investor is $10,000,000.
Who can invest in Sunvard LP?
Sunvard 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 Sunvard LP raised?
Sunvard LP reports $50,000,000 sold from 1 investor on its Form D filed Oct 10, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Sunvard LP based?
Sunvard LP is based in Minneapolis, Minnesota.
When did Sunvard LP launch?
Sunvard LP reports its first sale in Sep 2014.
Size compared with every private investment fund
Raised more than 62% of the 69 private investment funds based in Minnesota, and more than 62% of all 10,248 that report sales.