98 I, LP is a private equity fund based in New York, New York. According to its most recent Form D, filed May 24, 2023, it has sold $6,970,000 of interests to 59 investors since its first sale in May 2022. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Joy Marcus; Lynda Clarizio; The 98 LLC.
- Total raised
- $6,970,000Cumulative sales reported on Form D
- Investors
- 59
- First sale
- May 16, 2022
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Joy Marcus; Lynda Clarizio; The 98 LLC
- Latest Form D
- May 24, 2023
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 98 I, LP
What is the minimum investment for 98 I, LP?
98 I, LP's latest Form D, filed May 24, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 98 I, LP?
98 I, LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has 98 I, LP raised?
98 I, LP reports $6,970,000 sold from 59 investors on its Form D filed May 24, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is 98 I, LP based?
98 I, LP is based in New York, New York.
When did 98 I, LP launch?
98 I, LP reports its first sale in May 2022.
Size compared with every private equity fund
Raised more than 57% of the 3,648 private equity funds based in New York, and more than 38% of all 8,822 that report sales.