Arel Philadelphia I LP is a private equity fund based in New York, New York. According to its most recent Form D, filed Feb 21, 2020, it has sold $14,523,000 of interests to 41 investors since its first sale in Jan 2020. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Richard Leibovitch; Gabriel Bousbib.
- Total raised
- $14,523,000Cumulative sales reported on Form D
- Investors
- 41
- First sale
- Jan 31, 2020
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Richard Leibovitch; Gabriel Bousbib
- Latest Form D
- Feb 21, 2020
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 Philadelphia I LP
What is the minimum investment for Arel Philadelphia I LP?
Arel Philadelphia I LP's latest Form D, filed Feb 21, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Arel Philadelphia I LP?
Arel Philadelphia I LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Arel Philadelphia I LP raised?
Arel Philadelphia I LP reports $14,523,000 sold from 41 investors on its Form D filed Feb 21, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Arel Philadelphia I LP based?
Arel Philadelphia I LP is based in New York, New York.
When did Arel Philadelphia I LP launch?
Arel Philadelphia I LP reports its first sale in Jan 2020.
Size compared with every private equity fund
Raised more than 60% of the 3,661 private equity funds based in New York, and more than 47% of all 8,889 that report sales.