Jcdp-5 LLC is a venture capital fund based in Chicago, Illinois. According to its most recent Form D, filed Dec 4, 2017, it has sold $100,000,000 of interests to 48 investors since its first sale in Dec 2017. The minimum investment it accepts from an outside investor is $50,000. 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 Sachin Chitnis; Jump Capital LLC; William DiSomma.
- Total raised
- $100,000,000Cumulative sales reported on Form D
- Investors
- 48
- First sale
- Dec 1, 2017
- Minimum investment
- $50,000
- 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
- Sachin Chitnis; Jump Capital LLC; William DiSomma
- Latest Form D
- Dec 4, 2017
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 Jcdp-5 LLC
What is the minimum investment for Jcdp-5 LLC?
According to its latest Form D, filed Dec 4, 2017, the minimum investment Jcdp-5 LLC accepts from an outside investor is $50,000.
Who can invest in Jcdp-5 LLC?
Jcdp-5 LLC 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 Jcdp-5 LLC raised?
Jcdp-5 LLC reports $100,000,000 sold from 48 investors on its Form D filed Dec 4, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Jcdp-5 LLC based?
Jcdp-5 LLC is based in Chicago, Illinois.
When did Jcdp-5 LLC launch?
Jcdp-5 LLC reports its first sale in Dec 2017.
Size compared with every venture capital fund
Raised more than 93% of the 145 venture capital funds based in Illinois, and more than 98% of all 14,732 that report sales.