AltMountain

01A Pelican, L.P.

San Francisco, CA · CIK 2030638
Status: no Form D since Aug 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

01A Pelican, L.P. is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Aug 7, 2024, it has sold $2,200,000 of interests to 3 investors since its first sale in Jul 2024. 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 Richard Costolo; Adam Bain; 01 Advisors 02 GP LLC.

Total raised
$2,200,000Cumulative sales reported on Form D
Investors
3
First sale
Jul 26, 2024
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
Richard Costolo; Adam Bain; 01 Advisors 02 GP LLC
Latest Form D
Aug 7, 2024

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 01A Pelican, L.P.

What is the minimum investment for 01A Pelican, L.P.?

01A Pelican, L.P.'s latest Form D, filed Aug 7, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in 01A Pelican, L.P.?

01A Pelican, L.P. 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 01A Pelican, L.P. raised?

01A Pelican, L.P. reports $2,200,000 sold from 3 investors on its Form D filed Aug 7, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is 01A Pelican, L.P. based?

01A Pelican, L.P. is based in San Francisco, California.

When did 01A Pelican, L.P. launch?

01A Pelican, L.P. reports its first sale in Jul 2024.

Size compared with every venture capital fund

Raised more than 57% of the 2,193 venture capital funds based in California, and more than 72% of all 14,732 that report sales.

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