AltMountain

Framework Ventures L.P.

Palo Alto, CA · CIK 1787846
Status: no Form D since Sep 2020. 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.

Framework Ventures L.P. is a hedge fund based in Palo Alto, California. According to its most recent Form D, filed Sep 28, 2020, the fund has sold $14,150,000 of interests to 4 investors since its first sale in Jul 2019. The filing does not set a minimum investment. 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 Vance Spencer; Framework Ventures Management LLC; Michael Anderson.

Performance

No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.

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Total raised
$14,150,000Cumulative sales reported on Form D
Investors
4
First sale
Jul 22, 2019
Minimum investment
None set
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
Vance Spencer; Framework Ventures Management LLC; Michael Anderson
Latest Form D
Sep 28, 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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Framework Ventures L.P.

What is the minimum investment for Framework Ventures L.P.?

Framework Ventures L.P.'s latest Form D, filed Sep 28, 2020, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Framework Ventures L.P.?

Framework Ventures L.P. 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 Framework Ventures L.P. raised?

Framework Ventures L.P. reports $14,150,000 sold from 4 investors on its Form D filed Sep 28, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Framework Ventures L.P. based?

Framework Ventures L.P. is based in Palo Alto, California.

When did Framework Ventures L.P. launch?

Framework Ventures L.P. reports its first sale in Jul 2019.

Size compared with every hedge fund

Raised more than 39% of the 1,048 hedge funds based in California, and more than 25% of all 10,102 that report sales.

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