TSG Ventures XXVIII, LLC is a venture capital fund based in Palos Verdes Estates, California. According to its most recent Form D, filed Dec 18, 2024, it has sold $6,622,484 of interests to 48 investors since its first sale in Nov 2024. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Inc. The Syndicate Group; Chad Cardenas.
- Total raised
- $6,622,484Cumulative sales reported on Form D
- Investors
- 48
- First sale
- Nov 15, 2024
- 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
- Inc. The Syndicate Group; Chad Cardenas
- Latest Form D
- Dec 18, 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 TSG Ventures XXVIII, LLC
What is the minimum investment for TSG Ventures XXVIII, LLC?
TSG Ventures XXVIII, LLC's latest Form D, filed Dec 18, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in TSG Ventures XXVIII, LLC?
TSG Ventures XXVIII, 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 TSG Ventures XXVIII, LLC raised?
TSG Ventures XXVIII, LLC reports $6,622,484 sold from 48 investors on its Form D filed Dec 18, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is TSG Ventures XXVIII, LLC based?
TSG Ventures XXVIII, LLC is based in Palos Verdes Estates, California.
When did TSG Ventures XXVIII, LLC launch?
TSG Ventures XXVIII, LLC reports its first sale in Nov 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 venture capital fund
Raised more than 71% of the 2,268 venture capital funds based in California, and more than 84% of all 15,160 that report sales.