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Venture

WeWork Property Investors Fund B LP

Raising 2021-03-09

Private Equity Fund · adviser (attributed) Wework Capital Advisors LLC

  • CIK 1695718
  • File 021-282205
  • State NY
  • 506(b)
  • 3(c)(1)
  • 3(c)(5)
  • 3(c)(6)
  • 3(c)(7)
Sought
Indefinite
no ceiling stated
Sold so far
$332M
as of 2021-03-09
Investors
5
reported
Minimum investment
$0
no minimum, as filed

Connected

from Form D 021-282205
Adviser (attributed)Wework Capital Advisors LLCPeople · Item 3WeWork Property Investors LLC + 4 moreFiling · 2021-03-09Form D 021-282205Sales · Item 12Citi Private Advisory, LLCFund family · dashboard9 funds on its Form ADV
WeWork Property Investors Fund B LPCIK 1695718

Fund size — sought vs sold

No ceiling stated: the Form D answers "Indefinite", so $332M sold is the running total of subscriptions, not a share of a target.

Facts

As its latest Form D states them

Fund type
Private Equity Fund
Adviser (attributed)
Wework Capital Advisors LLC
State
New York (NY)
Exemptions
Rule 506(b); Investment Company Act Section 3(c)(1); Investment Company Act Section 3(c)(5); Investment Company Act Section 3(c)(6); Investment Company Act Section 3(c)(7)
First filed
2017-03-09
Latest filing
2021-03-09
First sale
2017-03-16
Filings
5 Form D

People

Named in Item 3 of its latest Form D, filed 2021-03-09

Related persons
NameRelationshipClarification
WeWork Property Investors LLCRelationshipPromoterClarificationThe General Partner of the Issuer (the "GP").
Steven LangmanRelationshipDirectorClarificationMember of the Management committee of the GP
Richard GomelRelationshipDirectorClarificationMember of the management committee of the GP.
Lawrence FuchsRelationshipDirectorClarificationMember of the Management committee of the GP
Sandeep MathraniRelationshipDirectorClarificationMember of the Management committee of the GP

Sales compensation

Named in Item 12 of its Form D filings

Sales compensation recipients
RecipientCRDBroker-dealerOfferings
Citi Private Advisory, LLCCRD153777Broker-dealer—Offerings1
Lazard & Co. LimitedCRD—Broker-dealer—Offerings1
Lazard Freres & Co. LLCCRD2528Broker-dealer—Offerings1

Amendments

amount sold · by filing date
2021-03-09 · $332M
  1. 2017-03-09$0D · 0 inv.
  2. 2018-03-12$78MD/A · 2 inv.
  3. 2019-03-08$332MD/A · 5 inv.
  4. 2020-03-09$332MD/A · 5 inv.
  5. 2021-03-09$332MD/A · 5 inv.

Hover a dot or row, or tab through the dots · bars scaled to the largest round ($332M)

The other funds of Wework Capital Advisors LLC (9 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

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See plans

External link: SEC Filings ↗