Zhen Fund COIX LLC is a venture capital fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Mar 23, 2020, it has sold $4,700,000 of interests to 2 investors since its first sale in Mar 2020. The filing does not set a minimum investment. 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 Zhen Advisors, Ltd; Xiao Ping Xu.
- Total raised
- $4,700,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Mar 23, 2020
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Zhen Advisors, Ltd; Xiao Ping Xu
- Latest Form D
- Mar 23, 2020
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 Zhen Fund COIX LLC
What is the minimum investment for Zhen Fund COIX LLC?
Zhen Fund COIX LLC's latest Form D, filed Mar 23, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Zhen Fund COIX LLC?
Zhen Fund COIX LLC 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 Zhen Fund COIX LLC raised?
Zhen Fund COIX LLC reports $4,700,000 sold from 2 investors on its Form D filed Mar 23, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Zhen Fund COIX LLC based?
Zhen Fund COIX LLC is based in Grand Cayman, Cayman Islands.
When did Zhen Fund COIX LLC launch?
Zhen Fund COIX LLC reports its first sale in Mar 2020.
Size compared with every venture capital fund
Raised more than 61% of the 75 venture capital funds based in Cayman Islands, and more than 81% of all 14,865 that report sales.