DCIP Parallel Funds, LLC
DCIP Parallel Funds, LLC is a private investment fund based in McLean, Virginia. According to its most recent Form D, filed Jun 30, 2023, it has sold $9,760,107 of interests to 3 investors since its first sale in Jun 2022. 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 James Smist; Dean Wilde; not applicable DC Energy Management LP.
- Total raised
- $9,760,107Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Jun 16, 2022
- 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
- James Smist; Dean Wilde; not applicable DC Energy Management LP
- Latest Form D
- Jun 30, 2023
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 DCIP Parallel Funds, LLC
What is the minimum investment for DCIP Parallel Funds, LLC?
DCIP Parallel Funds, LLC's latest Form D, filed Jun 30, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in DCIP Parallel Funds, LLC?
DCIP Parallel Funds, 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 DCIP Parallel Funds, LLC raised?
DCIP Parallel Funds, LLC reports $9,760,107 sold from 3 investors on its Form D filed Jun 30, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is DCIP Parallel Funds, LLC based?
DCIP Parallel Funds, LLC is based in McLean, Virginia.
When did DCIP Parallel Funds, LLC launch?
DCIP Parallel Funds, LLC reports its first sale in Jun 2022.
Size compared with every private investment fund
Raised more than 50% of the 128 private investment funds based in Virginia, and more than 40% of all 10,270 that report sales.