May 14, 2014
The SEC filing that the Business Journal discovered was made on May 1 by 1776 cofounders Evan Burfield and Donna Harris. According to the filing, the full $25 million still remains to be sold.
As for what the fund will actually look like, details are unclear. Last October, Harris told us, “There’ve been a couple of stories published about the fact that we’re launching a fund, and the only thing I could say there is that the facts in those stories are not accurate. . . . But we’re not yet ready to talk about the exact structure of what we’re doing.”
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