Ifp III, LP is a venture capital fund based in Durham, North Carolina. According to its most recent Form D, filed May 21, 2019, it has sold $17,746,212 of interests to 80 investors since its first sale in Apr 2018. 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 John Cambier; Lister Delgado.
- Total raised
- $17,746,212Cumulative sales reported on Form D
- Investors
- 80
- First sale
- Apr 16, 2018
- 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
- John Cambier; Lister Delgado
- Latest Form D
- May 21, 2019
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 Ifp III, LP
What is the minimum investment for Ifp III, LP?
Ifp III, LP's latest Form D, filed May 21, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Ifp III, LP?
Ifp III, 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 Ifp III, LP raised?
Ifp III, LP reports $17,746,212 sold from 80 investors on its Form D filed May 21, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Ifp III, LP based?
Ifp III, LP is based in Durham, North Carolina.
When did Ifp III, LP launch?
Ifp III, LP reports its first sale in Apr 2018.
Size compared with every venture capital fund
Raised more than 93% of the 123 venture capital funds based in North Carolina, and more than 91% of all 14,732 that report sales.