AltMountain

True Capital III LP

Offshore
Status: no Form D since Feb 2021. 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.

True Capital III LP is a private investment fund based in Edinburgh, Scotland, United Kingdom. According to its most recent Form D, filed Feb 18, 2021, it has sold $10,400,000 of interests to 21 investors since its first sale in Feb 2021. The minimum investment it accepts from an outside investor is $10,400,000. 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 Matthew Truman; Paul Cocker; William Pearson.

Total raised
$10,400,000Cumulative sales reported on Form D
Investors
21
First sale
Feb 3, 2021
Minimum investment
$10,400,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Matthew Truman; Paul Cocker; William Pearson
Latest Form D
Feb 18, 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 True Capital III LP

What is the minimum investment for True Capital III LP?

According to its latest Form D, filed Feb 18, 2021, the minimum investment True Capital III LP accepts from an outside investor is $10,400,000.

Who can invest in True Capital III LP?

True Capital III 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 True Capital III LP raised?

True Capital III LP reports $10,400,000 sold from 21 investors on its Form D filed Feb 18, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is True Capital III LP based?

True Capital III LP is based in Edinburgh, Scotland, United Kingdom.

When did True Capital III LP launch?

True Capital III LP reports its first sale in Feb 2021.

Size compared with every private investment fund

Raised more than 45% of the 111 private investment funds based in United Kingdom, and more than 42% of all 10,270 that report sales.

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