VPC Partners XI LLC
VPC Partners XI LLC is a private equity fund based in Winter Park, Florida. According to its most recent Form D, filed Jun 14, 2016, it has sold $4,225,000 of interests to 23 investors since its first sale in Jun 2016. The minimum investment it accepts from an outside investor is $5,000. 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 Robert Stearns; John Walker, Sr; Aaron Stearns.
- Total raised
- $4,225,000Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Jun 6, 2016
- Minimum investment
- $5,000
- 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
- Robert Stearns; John Walker, Sr; Aaron Stearns
- Latest Form D
- Jun 14, 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 VPC Partners XI LLC
What is the minimum investment for VPC Partners XI LLC?
According to its latest Form D, filed Jun 14, 2016, the minimum investment VPC Partners XI LLC accepts from an outside investor is $5,000.
Who can invest in VPC Partners XI LLC?
VPC Partners XI 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 XI LLC raised?
VPC Partners XI LLC reports $4,225,000 sold from 23 investors on its Form D filed Jun 14, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is VPC Partners XI LLC based?
VPC Partners XI LLC is based in Winter Park, Florida.
When did VPC Partners XI LLC launch?
VPC Partners XI LLC reports its first sale in Jun 2016.
Size compared with every private equity fund
Raised more than 66% of the 777 private equity funds based in Florida, and more than 33% of all 8,896 that report sales.