Fernbrook Convergence BB, LP
Fernbrook Convergence BB, LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed Nov 22, 2024, it has sold $2,200,000 of interests to 3 investors since its first sale in Nov 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Fernbrook Convergence BB GP, LLC; William Detwiler; Fernbrook Capital Management LLC.
- Total raised
- $2,200,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Nov 8, 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
- Fernbrook Convergence BB GP, LLC; William Detwiler; Fernbrook Capital Management LLC
- Latest Form D
- Nov 22, 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 Fernbrook Convergence BB, LP
What is the minimum investment for Fernbrook Convergence BB, LP?
Fernbrook Convergence BB, LP's latest Form D, filed Nov 22, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Fernbrook Convergence BB, LP?
Fernbrook Convergence BB, LP 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 Fernbrook Convergence BB, LP raised?
Fernbrook Convergence BB, LP reports $2,200,000 sold from 3 investors on its Form D filed Nov 22, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Fernbrook Convergence BB, LP based?
Fernbrook Convergence BB, LP is based in New York, New York and is managed by Fernbrook Capital Management LLC.
When did Fernbrook Convergence BB, LP launch?
Fernbrook Convergence BB, LP reports its first sale in Nov 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every venture capital fund
Raised more than 57% of the 1,259 venture capital funds based in New York, and more than 73% of all 15,180 that report sales.