Embarc
Venture

Velite Energy L P

Raising 2018-04-19

Other Investment Fund · adviser (attributed) Nexten Management Company LLC

  • CIK 1355351
  • File 021-86888
  • State TX
  • 506(b)
Sought
Indefinite
no ceiling stated
Sold so far
$1.1B
as of 2018-04-19
Investors
219
reported
Minimum investment
$0
no minimum, as filed

Connected

from Form D 021-86888
Adviser (attributed)Nexten Management Company LLCPeople · Item 3VBCM Funds GP, LLC + 2 moreFiling · 2018-04-19Form D 021-86888Fund family · dashboard2 funds on its Form ADV
Velite Energy L PCIK 1355351

Fund size — sought vs sold

No ceiling stated: the Form D answers "Indefinite", so $1.1B sold is the running total of subscriptions, not a share of a target.

Facts

As its latest Form D states them

Fund type
Other Investment Fund
Adviser (attributed)
Nexten Management Company LLC
State
Texas (TX)
Exemptions
Rule 506(b)
First filed
2009-03-17
Latest filing
2018-04-19
First sale
2006-02-01
Filings
8 Form D

People

Named in Item 3 of its latest Form D, filed 2018-04-19

Related persons
NameRelationshipClarification
VBCM Funds GP, LLCRelationshipExecutive Officer, PromoterClarificationIssuer's general partner
Eric BassRelationshipExecutive Officer, PromoterClarificationManager of Issuer's general partner
Velite Benchmark Capital Management, LLCRelationshipPromoterClarificationIssuer's investment manager

Amendments

amount sold · by filing date
2018-04-19 · $1.1B
  1. 2009-03-17$495MD/A · 132 inv.
  2. 2011-11-29$589MD/A · 155 inv.
  3. 2013-10-02$715MD/A · 198 inv.
  4. 2014-10-02$727MD/A · 206 inv.
  5. 2015-10-02$1.1BD/A · 213 inv.
  6. 2016-04-20$1.1BD/A · 215 inv.
  7. 2017-04-20$1.1BD/A · 219 inv.
  8. 2018-04-19$1.1BD/A · 219 inv.

Hover a dot or row, or tab through the dots · bars scaled to the largest round ($1.1B)

The other funds of Nexten Management Company LLC (2 on Form ADV) and every Form D as filedSee plans

A fund's Form D states its target and what it has sold so far. The dashboard puts it beside the adviser's other funds from Form ADV, the startups linked to it, and every amendment as filed.

  • The adviser's Venture page: its Form ADV funds, assets and other Form D offerings
  • Where co-filings link it, the startups this fund backed
  • Every Form D and amendment as filed, with what each one stated
  • Everyone its filings name, linked to their other funds and companies

Part of the Venture plan — $140/mo at launch pricing ($350 list)

See plans

External link: SEC Filings ↗