Venture
Heritage Healthcare Innovation Fund III, LP
Raising 2020-12-14Venture Capital Fund · adviser (attributed) HG Capital Management, LLC
- CIK 1778007
- File 021-340796
- State TN
- 506(b)
- 3(c)(1)
- 3(c)(7)
- Sought
- $315M
- Form D target
- Sold so far
- $307M
- 97% of sought · 2020-12-14
- Investors
- 54
- reported
- Minimum investment
- $0
- no minimum, as filed
Connected
from Form D 021-340796Adviser (attributed)HG Capital Management, LLCPeople · Item 3David McClellan + 2 moreFiling · 2020-12-14Form D 021-340796Sales · Item 12Lazard Freres & Co. LLCFund family · dashboard6 funds on its Form ADV
Heritage Healthcare Innovation Fund III, LPCIK 1778007
Fund size — sought vs sold
$307M of $315M$307M sold · 97%$315M sought
Facts
As its latest Form D states them
- Fund type
- Venture Capital Fund
- Adviser (attributed)
- HG Capital Management, LLC
- State
- Tennessee (TN)
- Exemptions
- Rule 506(b); Investment Company Act Section 3(c)(1); Investment Company Act Section 3(c)(7)
- First filed
- 2019-05-30
- Latest filing
- 2020-12-14
- First sale
- 2019-05-31
- Filings
- 3 Form D
People
Named in Item 3 of its latest Form D, filed 2020-12-14
| Name | Relationship |
|---|---|
| David McClellan | RelationshipExecutive Officer |
| Rock Morphis | RelationshipExecutive Officer |
| Paul Wallace | RelationshipExecutive Officer |
Sales compensation
Named in Item 12 of its Form D filings
| Recipient | CRD | Broker-dealer | Offerings |
|---|---|---|---|
| Lazard Freres & Co. LLC | CRD2528 | Broker-dealer— | Offerings1 |
Amendments
amount sold · by filing date2020-12-14 · $307M
- 2019-05-30$0D · 0 inv.
- 2020-05-29$251MD/A · 32 inv.
- 2020-12-14$307MD/A · 54 inv.
Hover a dot or row, or tab through the dots · bars scaled to the largest round ($307M)
The other funds of HG Capital Management, LLC (6 on Form ADV) and every Form D as filedSee plans
The firm and the filings behind Heritage Healthcare Innovation Fund III, LP
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 plansExternal link: SEC Filings ↗