Chescaplq LLC is a private investment fund based in Baltimore, Maryland. According to its most recent Form D, filed Dec 10, 2025, it has sold $368,634,370 of interests to 27 investors since its first sale in Dec 2016. 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 Mark Lerner; Traci Lerner.
- Total raised
- $368,634,370Cumulative sales reported on Form D
- Investors
- 27
- First sale
- Dec 5, 2016
- 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
- Mark Lerner; Traci Lerner
- Latest Form D
- Dec 10, 2025
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 Chescaplq LLC
What is the minimum investment for Chescaplq LLC?
Chescaplq LLC's latest Form D, filed Dec 10, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Chescaplq LLC?
Chescaplq LLC 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 Chescaplq LLC raised?
Chescaplq LLC reports $368,634,370 sold from 27 investors on its Form D filed Dec 10, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Chescaplq LLC based?
Chescaplq LLC is based in Baltimore, Maryland.
When did Chescaplq LLC launch?
Chescaplq LLC reports its first sale in Dec 2016.
Size compared with every private investment fund
Raised more than 89% of the 123 private investment funds based in Maryland, and more than 85% of all 10,263 that report sales.