fundnotes092203

Battelle Venture Partners LP of Skillman, N.J., raised $150 million from one accredited investor through a private offering of partnership interests. The minimum investment of $1 million required on the placement can be waived.

Sand Hill Venture Debt III LP of Menlo Park, Calif., has filed to raise $50 million through a private offering of partnership interests. At the time of its filing, the fund had already raised $5 million from two investors. The minimum investment of $1 million required on the placement can be waived. The fund is established to invest in privately held early-stage companies by making loans with equity components.

Pinto Technology Ventures LP of Houston has filed to raise $60 million through a private offering of partnership interests. At the time of its SEC filing, the fund had already raised $25 million from 24 accredited investors. The fund plans to make investments in portfolio companies commercializing IP affiliated with private and public universities, and research institutions.

Gores Capital Partners LP of Boston raised $167.5 million from 17 accredited investors through a private offering of partnership interests. The fund plans to make investments in existing businesses.

Rio Grande Investment Partners LP of Denver has filed to raise $5.7 million through a private offering of partnership interests. At the time of its SEC filing, the fund had already raised $565,700 from 45 accredited investors. The fund plans to make venture capital investments.