Closed Loop Fund, LP is a private equity fund based in New York, New York. According to its most recent Form D, filed Nov 14, 2014, it has sold $44,500,000 of interests to 8 investors since its first sale in Oct 2014. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Closed Loop Fund GP, LLC; Ron Gonen.
- Total raised
- $44,500,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Oct 30, 2014
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Closed Loop Fund GP, LLC; Ron Gonen
- Latest Form D
- Nov 14, 2014
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 Closed Loop Fund, LP
What is the minimum investment for Closed Loop Fund, LP?
Closed Loop Fund, LP's latest Form D, filed Nov 14, 2014, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Closed Loop Fund, LP?
Closed Loop Fund, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Closed Loop Fund, LP raised?
Closed Loop Fund, LP reports $44,500,000 sold from 8 investors on its Form D filed Nov 14, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Closed Loop Fund, LP based?
Closed Loop Fund, LP is based in New York, New York.
When did Closed Loop Fund, LP launch?
Closed Loop Fund, LP reports its first sale in Oct 2014.
Size compared with every private equity fund
Raised more than 69% of the 3,653 private equity funds based in New York, and more than 62% of all 8,842 that report sales.