Bay Padel LLC
Bay Padel LLC is a private investment fund based in Montara, California. According to its most recent Form D, filed Sep 13, 2024, it has sold $1,800,000 of interests to 5 investors since its first sale in Jun 2023. 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 Lucas Tepman; Matias Gandulfo.
- Total raised
- $1,800,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Jun 14, 2023
- 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
- Lucas Tepman; Matias Gandulfo
- Latest Form D
- Sep 13, 2024
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 Bay Padel LLC
What is the minimum investment for Bay Padel LLC?
Bay Padel LLC's latest Form D, filed Sep 13, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Bay Padel LLC?
Bay Padel LLC 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 Bay Padel LLC raised?
Bay Padel LLC reports $1,800,000 sold from 5 investors on its Form D filed Sep 13, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Bay Padel LLC based?
Bay Padel LLC is based in Montara, California.
When did Bay Padel LLC launch?
Bay Padel LLC reports its first sale in Jun 2023.
Size compared with every private investment fund
Raised more than 40% of the 1,702 private investment funds based in California, and more than 19% of all 10,212 that report sales.