At a glance
- The $360.0 million is an offering amount, not a closed total.
- Ballistic Ventures is the manager or sponsor on record, and the issuer is a pooled investment fund.
- Allocators have no committed capital to allocate yet, because the filing shows no sales as of Nov. 2.
Ballistic Ventures filed a Form D with the SEC on Nov. 2 for Ballistic Ventures III LP, a venture capital fund with a $360.0 million offering amount. The filing lists $0 sold to date and says the first sale has yet to occur.
The $360.0 million is an offering amount, not a closed total. Ballistic Ventures is the manager or sponsor on record, and the issuer is a pooled investment fund.
Allocators have no committed capital to allocate yet, because the filing shows no sales as of Nov. 2. The fund's first sale will mark the point at which that gap starts to close.
Reported by the Raises & Launches desk from SEC EDGAR. Published . Corrections