VIP Alpha Plus Fund I LP is a private investment fund based in Austin, Texas. According to its most recent Form D, filed Dec 20, 2023, it has sold $60,850,000 of interests to 100 investors since its first sale in Nov 2021. The minimum investment it accepts from an outside investor is $250,000. 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 Venturi Wealth Management, LLC; Russell Norwood; Vip Alpha Plus GP I LLC.
- Total raised
- $60,850,000Cumulative sales reported on Form D
- Investors
- 100
- First sale
- Nov 18, 2021
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Venturi Wealth Management, LLC; Russell Norwood; Vip Alpha Plus GP I LLC
- Latest Form D
- Dec 20, 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 VIP Alpha Plus Fund I LP
What is the minimum investment for VIP Alpha Plus Fund I LP?
According to its latest Form D, filed Dec 20, 2023, the minimum investment VIP Alpha Plus Fund I LP accepts from an outside investor is $250,000.
Who can invest in VIP Alpha Plus Fund I LP?
VIP Alpha Plus Fund 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 VIP Alpha Plus Fund I LP raised?
VIP Alpha Plus Fund I LP reports $60,850,000 sold from 100 investors on its Form D filed Dec 20, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is VIP Alpha Plus Fund I LP based?
VIP Alpha Plus Fund I LP is based in Austin, Texas.
When did VIP Alpha Plus Fund I LP launch?
VIP Alpha Plus Fund I LP reports its first sale in Nov 2021.
Size compared with every private investment fund
Raised more than 74% of the 879 private investment funds based in Texas, and more than 65% of all 10,333 that report sales.