TCV XII (b), L.P.
TCV XII (b), L.P. is a private equity fund based in Menlo Park, California. According to its most recent Form D, filed Jun 12, 2023, it has sold $146,485,000 of interests to 91 investors since its first sale in Jun 2022. 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 Frederic Fenton; Technology Crossover Management XII, L.P; Technology Crossover Management XII, Ltd.
- Total raised
- $146,485,000Cumulative sales reported on Form D
- Investors
- 91
- First sale
- Jun 27, 2022
- 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
- Frederic Fenton; Technology Crossover Management XII, L.P; Technology Crossover Management XII, Ltd
- Latest Form D
- Jun 12, 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 TCV XII (b), L.P.
What is the minimum investment for TCV XII (b), L.P.?
TCV XII (b), L.P.'s latest Form D, filed Jun 12, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in TCV XII (b), L.P.?
TCV XII (b), L.P. 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 TCV XII (b), L.P. raised?
TCV XII (b), L.P. reports $146,485,000 sold from 91 investors on its Form D filed Jun 12, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is TCV XII (b), L.P. based?
TCV XII (b), L.P. is based in Menlo Park, California.
When did TCV XII (b), L.P. launch?
TCV XII (b), L.P. reports its first sale in Jun 2022.
Size compared with every private equity fund
Raised more than 90% of the 1,747 private equity funds based in California, and more than 77% of all 8,950 that report sales.