AltMountain

Townsend Battery Partners, LLC

Hunt Valley, MD · CIK 1593506
Status: no Form D since Dec 2013. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Townsend Battery Partners, LLC is a private equity fund based in Hunt Valley, Maryland. According to its most recent Form D, filed Dec 9, 2013, it has sold $19,000,000 of interests to 7 investors since its first sale in Nov 2013. The minimum investment it accepts from an outside investor is $1,000. 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 Townsend Ventures, LLC Townsend Ventures, LLC; Dennis Townsend; David Townsend.

Total raised
$19,000,000Cumulative sales reported on Form D
Investors
7
First sale
Nov 22, 2013
Minimum investment
$1,000
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
Townsend Ventures, LLC Townsend Ventures, LLC; Dennis Townsend; David Townsend
Latest Form D
Dec 9, 2013

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 Townsend Battery Partners, LLC

What is the minimum investment for Townsend Battery Partners, LLC?

According to its latest Form D, filed Dec 9, 2013, the minimum investment Townsend Battery Partners, LLC accepts from an outside investor is $1,000.

Who can invest in Townsend Battery Partners, LLC?

Townsend Battery Partners, LLC 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 Townsend Battery Partners, LLC raised?

Townsend Battery Partners, LLC reports $19,000,000 sold from 7 investors on its Form D filed Dec 9, 2013. This is cumulative sales since the offering began, not current assets or performance.

Where is Townsend Battery Partners, LLC based?

Townsend Battery Partners, LLC is based in Hunt Valley, Maryland.

When did Townsend Battery Partners, LLC launch?

Townsend Battery Partners, LLC reports its first sale in Nov 2013.

Size compared with every private equity fund

Raised more than 61% of the 158 private equity funds based in Maryland, and more than 50% of all 8,950 that report sales.

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