NIC Corp M42 CI PM 1 LP is a venture capital fund based in New York, New York. According to its most recent Form D, filed Apr 28, 2026, it has sold $45,000,000 of interests to 1 investor since its first sale in Apr 2026. 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 Gregory Bernstein; Matthew Coady; Peter Meijer.
- Total raised
- $45,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Apr 24, 2026
- 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
- Gregory Bernstein; Matthew Coady; Peter Meijer
- Latest Form D
- Apr 28, 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 NIC Corp M42 CI PM 1 LP
What is the minimum investment for NIC Corp M42 CI PM 1 LP?
NIC Corp M42 CI PM 1 LP's latest Form D, filed Apr 28, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in NIC Corp M42 CI PM 1 LP?
NIC Corp M42 CI PM 1 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 NIC Corp M42 CI PM 1 LP raised?
NIC Corp M42 CI PM 1 LP reports $45,000,000 sold from 1 investor on its Form D filed Apr 28, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is NIC Corp M42 CI PM 1 LP based?
NIC Corp M42 CI PM 1 LP is based in New York, New York.
When did NIC Corp M42 CI PM 1 LP launch?
NIC Corp M42 CI PM 1 LP reports its first sale in Apr 2026, 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 venture capital fund
Raised more than 92% of the 1,252 venture capital funds based in New York, and more than 96% of all 15,160 that report sales.