VPC Partners VII LLC is a private equity fund based in New York, New York. According to its most recent Form D, filed Jun 26, 2014, it has sold $7,234,444 of interests to 26 investors since its first sale in Jun 2014. The minimum investment it accepts from an outside investor is $24,000. 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 John Walker, Sr; a Delaware limited liability company VestaPoint Capital II LLC; John Walker, Jr.
- Total raised
- $7,234,444Cumulative sales reported on Form D
- Investors
- 26
- First sale
- Jun 11, 2014
- Minimum investment
- $24,000
- 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
- John Walker, Sr; a Delaware limited liability company VestaPoint Capital II LLC; John Walker, Jr
- Latest Form D
- Jun 26, 2014
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 VPC Partners VII LLC
What is the minimum investment for VPC Partners VII LLC?
According to its latest Form D, filed Jun 26, 2014, the minimum investment VPC Partners VII LLC accepts from an outside investor is $24,000.
Who can invest in VPC Partners VII LLC?
VPC Partners VII LLC 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 VPC Partners VII LLC raised?
VPC Partners VII LLC reports $7,234,444 sold from 26 investors on its Form D filed Jun 26, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is VPC Partners VII LLC based?
VPC Partners VII LLC is based in New York, New York.
When did VPC Partners VII LLC launch?
VPC Partners VII LLC reports its first sale in Jun 2014.
Size compared with every private equity fund
Raised more than 57% of the 3,665 private equity funds based in New York, and more than 39% of all 8,896 that report sales.