Form D · Other

VP Advance Funding L.P.

Melville, NY · CIK 0001761342

Offering snapshot reported Nov 17, 2020 · SEC filing

Reported sold
$13.3M
Offering amount: $100M
Investors reported
22
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Dec 3, 2018
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$6.63M$13.3MDec 14, 2018: $500,000.00Dec 14, 2018Nov 22, 2019: $11,405,000.00Nov 22, 2019Nov 17, 2020: $13,262,700.00Nov 17, 2020

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$11,405,000 → $13,262,700
  • Reported investors18 → 22

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Nov 17, 2020Amendment$13,262,700$1,857,700vs Nov 22, 201922SEC filing
Nov 22, 2019Amendment$11,405,000$10,905,000vs Dec 14, 201818SEC filing
Dec 14, 2018Initial$500,000No comparison8SEC filing

Offering details

Securities
Other
Exemptions
06b
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-328054
Participation Agreements
Pactolus shall be entitled to receive 15% of the net income from Issuer's deployment of the funds revised by Pactolus, after deducting expenses and preferred returns to the investors pursuant to the Participation Agreement.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Pactolus Securities, LLC7518

Source: Form D, filed Nov 17, 2020. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Adam Frieman Executive

Issuer details

Industry: Other (See others in industry)

Address:
290 Broadhollow Road, Suite 220 E
Melville, NY, 11747