AfriGlobal LP is a venture capital fund based in New York. According to its most recent Form D, filed Oct 5, 2023, it has sold $340,500 of interests to 7 investors since its first sale in Sep 2023. The minimum investment it accepts from an outside investor is $5,500. 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 Olaoluwakitan Irukera; Nnadedozie Agbim; Kera Holdings LLC.
- Total raised
- $340,500Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Sep 14, 2023
- Minimum investment
- $5,500
- 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
- Olaoluwakitan Irukera; Nnadedozie Agbim; Kera Holdings LLC
- Latest Form D
- Oct 5, 2023
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 AfriGlobal LP
What is the minimum investment for AfriGlobal LP?
According to its latest Form D, filed Oct 5, 2023, the minimum investment AfriGlobal LP accepts from an outside investor is $5,500.
Who can invest in AfriGlobal LP?
AfriGlobal LP 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 AfriGlobal LP raised?
AfriGlobal LP reports $340,500 sold from 7 investors on its Form D filed Oct 5, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is AfriGlobal LP based?
AfriGlobal LP is based in New York.
When did AfriGlobal LP launch?
AfriGlobal LP reports its first sale in Sep 2023.