VPC Partners XII LLC is a private equity fund based in Winter Park, Florida. According to its most recent Form D, filed Oct 4, 2016, it has sold $8,000,000 of interests to 35 investors since its first sale in Sep 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Aaron Stearns; Robert Stearns; John Walker, Sr.
- Total raised
- $8,000,000Cumulative sales reported on Form D
- Investors
- 35
- First sale
- Sep 13, 2016
- Minimum investment
- $5,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Aaron Stearns; Robert Stearns; John Walker, Sr
- Latest Form D
- Oct 4, 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 XII LLC
What is the minimum investment for VPC Partners XII LLC?
According to its latest Form D, filed Oct 4, 2016, the minimum investment VPC Partners XII LLC accepts from an outside investor is $5,000.
Who can invest in VPC Partners XII LLC?
VPC Partners XII 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(c), so it may advertise, but every investor must be verified as accredited.
How much has VPC Partners XII LLC raised?
VPC Partners XII LLC reports $8,000,000 sold from 35 investors on its Form D filed Oct 4, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is VPC Partners XII LLC based?
VPC Partners XII LLC is based in Winter Park, Florida.
When did VPC Partners XII LLC launch?
VPC Partners XII LLC reports its first sale in Sep 2016.
Size compared with every private equity fund
Raised more than 74% of the 784 private equity funds based in Florida, and more than 40% of all 8,950 that report sales.