Arel Florida I LP is a private equity fund based in New York, New York. According to its most recent Form D, filed Aug 16, 2018, it has sold $17,375,000 of interests to 40 investors since its first sale in Aug 2018. 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 Richard Leibovitch; Arel Capital, L.P; AAM Florida LLC.
- Total raised
- $17,375,000Cumulative sales reported on Form D
- Investors
- 40
- First sale
- Aug 8, 2018
- 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
- Richard Leibovitch; Arel Capital, L.P; AAM Florida LLC
- Latest Form D
- Aug 16, 2018
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 Arel Florida I LP
What is the minimum investment for Arel Florida I LP?
Arel Florida I LP's latest Form D, filed Aug 16, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Arel Florida I LP?
Arel Florida 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 Arel Florida I LP raised?
Arel Florida I LP reports $17,375,000 sold from 40 investors on its Form D filed Aug 16, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Arel Florida I LP based?
Arel Florida I LP is based in New York, New York.
When did Arel Florida I LP launch?
Arel Florida I LP reports its first sale in Aug 2018.
Size compared with every private equity fund
Raised more than 62% of the 3,669 private equity funds based in New York, and more than 50% of all 8,950 that report sales.