AltMountain

TSB Sanctuary LLC

San Francisco, CA · CIK 1941031
Status: no Form D since Aug 2022. 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.

TSB Sanctuary LLC is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Aug 5, 2022, it has sold $100,000,000 of interests to 1 investor 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 Andy Lam; Shauna Mei Devand; Tabreez Verjee.

Total raised
$100,000,000Cumulative sales reported on Form D
Investors
1
First sale
Jun 23, 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
Andy Lam; Shauna Mei Devand; Tabreez Verjee
Latest Form D
Aug 5, 2022

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 TSB Sanctuary LLC

What is the minimum investment for TSB Sanctuary LLC?

TSB Sanctuary LLC's latest Form D, filed Aug 5, 2022, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in TSB Sanctuary LLC?

TSB Sanctuary LLC 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 TSB Sanctuary LLC raised?

TSB Sanctuary LLC reports $100,000,000 sold from 1 investor on its Form D filed Aug 5, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is TSB Sanctuary LLC based?

TSB Sanctuary LLC is based in San Francisco, California.

When did TSB Sanctuary LLC launch?

TSB Sanctuary LLC reports its first sale in Jun 2022.

Size compared with every venture capital fund

Raised more than 94% of the 2,224 venture capital funds based in California, and more than 98% of all 14,840 that report sales.

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