Thrive Simfa Fund I, LP is a private equity fund based in Austin, Texas. According to its most recent Form D, filed May 3, 2021, it has sold $10,000,000 of interests to 25 investors since its first sale in Apr 2021. The minimum investment it accepts from an outside investor is $250,000. 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 Paul Newman; Adrian Lufschanowski.
- Total raised
- $10,000,000Cumulative sales reported on Form D
- Investors
- 25
- First sale
- Apr 22, 2021
- Minimum investment
- $250,000
- 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
- Paul Newman; Adrian Lufschanowski
- Latest Form D
- May 3, 2021
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 Thrive Simfa Fund I, LP
What is the minimum investment for Thrive Simfa Fund I, LP?
According to its latest Form D, filed May 3, 2021, the minimum investment Thrive Simfa Fund I, LP accepts from an outside investor is $250,000.
Who can invest in Thrive Simfa Fund I, LP?
Thrive Simfa 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 Thrive Simfa Fund I, LP raised?
Thrive Simfa Fund I, LP reports $10,000,000 sold from 25 investors on its Form D filed May 3, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Thrive Simfa Fund I, LP based?
Thrive Simfa Fund I, LP is based in Austin, Texas.
When did Thrive Simfa Fund I, LP launch?
Thrive Simfa Fund I, LP reports its first sale in Apr 2021.
Size compared with every private equity fund
Raised more than 66% of the 1,406 private equity funds based in Texas, and more than 42% of all 8,889 that report sales.