Illinois Deep Technology Strategic Venture Fund, L.P. is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Oct 16, 2024, it has sold $23,987,500 of interests to 4 investors since its first sale in Oct 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 Michael Tokarz; Todd Lillibridge; Illinois Deep Technology Strategic Venture Fund GP, LLC.
- Total raised
- $23,987,500Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Oct 7, 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
- Michael Tokarz; Todd Lillibridge; Illinois Deep Technology Strategic Venture Fund GP, LLC
- Latest Form D
- Oct 16, 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 Illinois Deep Technology Strategic Venture Fund, L.P.
What is the minimum investment for Illinois Deep Technology Strategic Venture Fund, L.P.?
Illinois Deep Technology Strategic Venture Fund, L.P.'s latest Form D, filed Oct 16, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Illinois Deep Technology Strategic Venture Fund, L.P.?
Illinois Deep Technology Strategic Venture Fund, L.P. 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 Illinois Deep Technology Strategic Venture Fund, L.P. raised?
Illinois Deep Technology Strategic Venture Fund, L.P. reports $23,987,500 sold from 4 investors on its Form D filed Oct 16, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Illinois Deep Technology Strategic Venture Fund, L.P. based?
Illinois Deep Technology Strategic Venture Fund, L.P. is based in Chicago, Illinois.
When did Illinois Deep Technology Strategic Venture Fund, L.P. launch?
Illinois Deep Technology Strategic Venture Fund, L.P. reports its first sale in Oct 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 private equity fund
Raised more than 62% of the 491 private equity funds based in Illinois, and more than 54% of all 9,142 that report sales.