Ut 2016, L.P.
Ut 2016, L.P. is a venture capital fund based in Burlingame, California. According to its most recent Form D, filed Mar 7, 2016, it has sold $1,356,050 of interests to 18 investors since its first sale in Feb 2016. The filing does not set a minimum investment. 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 Robert Fanini; Gady Nemirovsky.
- Total raised
- $1,356,050Cumulative sales reported on Form D
- Investors
- 18
- First sale
- Feb 25, 2016
- Minimum investment
- None set
- 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
- Robert Fanini; Gady Nemirovsky
- Latest Form D
- Mar 7, 2016
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 Ut 2016, L.P.
What is the minimum investment for Ut 2016, L.P.?
Ut 2016, L.P.'s latest Form D, filed Mar 7, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Ut 2016, L.P.?
Ut 2016, L.P. 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 Ut 2016, L.P. raised?
Ut 2016, L.P. reports $1,356,050 sold from 18 investors on its Form D filed Mar 7, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Ut 2016, L.P. based?
Ut 2016, L.P. is based in Burlingame, California.
When did Ut 2016, L.P. launch?
Ut 2016, L.P. reports its first sale in Feb 2016.
Size compared with every venture capital fund
Raised more than 53% of the 2,215 venture capital funds based in California, and more than 66% of all 14,820 that report sales.