EN-1019 Fund III, a series of AX-RN-Funds, LP, has announced the launch of a new venture capital fund offering. This filing, made on November 2, 2026, is significant as it reflects the company's efforts to attract accredited investors in a competitive market.
Background
EN-1019 Fund III is a limited partnership based in Lynnwood, Washington. The fund is registered under the Central Index Key (CIK) number 0002162476. It operates under the rules set forth by the Investment Company Act and is categorized as a pooled investment fund, specifically focusing on venture capital. The company was incorporated in Delaware and has a fiscal year ending on December 31.
What the Filing Says
The recent SEC filing indicates that the fund has set a total offering amount of $49,997, which has already been fully subscribed. The filing states, "This amount represents the dollar value of a one-time fee paid to the fund administrator and/or its affiliates to cover administrative expenses for the life of the fund." The minimum investment accepted is $1,000, and the fund has already attracted 65 investors.
Impact
This offering may have significant implications for accredited investors looking for new opportunities in the venture capital space. With a focus on pooled investment funds, EN-1019 Fund III is positioning itself to compete effectively in the investment landscape.
What's Next
The filing does not say what happens next.
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