VB Target L.P. is a private investment fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jan 30, 2020, it has sold $52,500,000 of interests to 7 investors since its first sale in Jan 2020. 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 Kim Bishop; Martin Laufer; Jun Tsusaka.
- Total raised
- $52,500,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Jan 16, 2020
- 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
- Kim Bishop; Martin Laufer; Jun Tsusaka
- Latest Form D
- Jan 30, 2020
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 VB Target L.P.
What is the minimum investment for VB Target L.P.?
VB Target L.P.'s latest Form D, filed Jan 30, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in VB Target L.P.?
VB Target 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 VB Target L.P. raised?
VB Target L.P. reports $52,500,000 sold from 7 investors on its Form D filed Jan 30, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is VB Target L.P. based?
VB Target L.P. is based in Grand Cayman, Cayman Islands.
When did VB Target L.P. launch?
VB Target L.P. reports its first sale in Jan 2020.
Size compared with every private investment fund
Raised more than 61% of the 578 private investment funds based in Cayman Islands, and more than 63% of all 10,255 that report sales.