HCM S14a LP
HCM S14a LP is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed May 1, 2026, it has sold $101,584,621 of interests to 3 investors since its first sale in Oct 2023. 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 Armaan Ali.
- Total raised
- $101,584,621Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Oct 26, 2023
- 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
- Armaan Ali
- Latest Form D
- May 1, 2026
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 HCM S14a LP
What is the minimum investment for HCM S14a LP?
HCM S14a LP's latest Form D, filed May 1, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in HCM S14a LP?
HCM S14a 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 HCM S14a LP raised?
HCM S14a LP reports $101,584,621 sold from 3 investors on its Form D filed May 1, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is HCM S14a LP based?
HCM S14a LP is based in San Francisco, California.
When did HCM S14a LP launch?
HCM S14a LP reports its first sale in Oct 2023.
Size compared with every venture capital fund
Raised more than 94% of the 2,268 venture capital funds based in California, and more than 98% of all 15,160 that report sales.