VPC Partners XVI LLC
VPC Partners XVI LLC is a private equity fund based in Winter Park, Florida. According to its most recent Form D, filed Jan 14, 2019, it has sold $9,137,500 of interests to 49 investors since its first sale in Jan 2019. 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 Aaron Stearns; Robert Stearns; John Walker.
- Total raised
- $9,137,500Cumulative sales reported on Form D
- Investors
- 49
- First sale
- Jan 3, 2019
- 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
- Aaron Stearns; Robert Stearns; John Walker
- Latest Form D
- Jan 14, 2019
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 XVI LLC
What is the minimum investment for VPC Partners XVI LLC?
According to its latest Form D, filed Jan 14, 2019, the minimum investment VPC Partners XVI LLC accepts from an outside investor is $5,000.
Who can invest in VPC Partners XVI LLC?
VPC Partners XVI 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 XVI LLC raised?
VPC Partners XVI LLC reports $9,137,500 sold from 49 investors on its Form D filed Jan 14, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is VPC Partners XVI LLC based?
VPC Partners XVI LLC is based in Winter Park, Florida.
When did VPC Partners XVI LLC launch?
VPC Partners XVI LLC reports its first sale in Jan 2019.
Size compared with every private equity fund
Raised more than 76% of the 784 private equity funds based in Florida, and more than 41% of all 8,950 that report sales.