Variant Equity I, LP
Variant Equity I, LP is a private equity fund based in Los Angeles, California. According to its most recent Form D, filed May 15, 2018, it has sold $43,500,000 of interests to 4 investors since its first sale in May 2018. The minimum investment it accepts from an outside investor is $1,000,000. 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 Farhaad Chanduwadia.
- Total raised
- $43,500,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- May 3, 2018
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Farhaad Chanduwadia
- Latest Form D
- May 15, 2018
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 Variant Equity I, LP
What is the minimum investment for Variant Equity I, LP?
According to its latest Form D, filed May 15, 2018, the minimum investment Variant Equity I, LP accepts from an outside investor is $1,000,000.
Who can invest in Variant Equity I, LP?
Variant Equity I, 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 Variant Equity I, LP raised?
Variant Equity I, LP reports $43,500,000 sold from 4 investors on its Form D filed May 15, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Variant Equity I, LP based?
Variant Equity I, LP is based in Los Angeles, California.
When did Variant Equity I, LP launch?
Variant Equity I, LP reports its first sale in May 2018.
Size compared with every private equity fund
Raised more than 80% of the 1,737 private equity funds based in California, and more than 61% of all 8,889 that report sales.