AltMountain

TrueBridge Secondaries I, L.P.

Chapel Hill, NC · CIK 1921259
Status: no Form D since Nov 2023. 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.

TrueBridge Secondaries I, L.P. is a private investment fund based in Chapel Hill, North Carolina. According to its most recent Form D, filed Nov 6, 2023, it has sold $125,450,000 of interests to 50 investors since its first sale in Dec 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 Edwin Poston; Mel Williams; TrueBridge Secondaries Fund I GP Partners, LLC.

Total raised
$125,450,000Cumulative sales reported on Form D
Investors
50
First sale
Dec 14, 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
Edwin Poston; Mel Williams; TrueBridge Secondaries Fund I GP Partners, LLC
Latest Form D
Nov 6, 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 TrueBridge Secondaries I, L.P.

What is the minimum investment for TrueBridge Secondaries I, L.P.?

TrueBridge Secondaries I, L.P.'s latest Form D, filed Nov 6, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in TrueBridge Secondaries I, L.P.?

TrueBridge Secondaries I, 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 TrueBridge Secondaries I, L.P. raised?

TrueBridge Secondaries I, L.P. reports $125,450,000 sold from 50 investors on its Form D filed Nov 6, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is TrueBridge Secondaries I, L.P. based?

TrueBridge Secondaries I, L.P. is based in Chapel Hill, North Carolina.

When did TrueBridge Secondaries I, L.P. launch?

TrueBridge Secondaries I, L.P. reports its first sale in Dec 2022.

Size compared with every private investment fund

Raised more than 78% of the 246 private investment funds based in North Carolina, and more than 74% of all 10,270 that report sales.

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