AltMountain

Driehaus Elite Partners LLC

Chicago, IL · CIK 1507977
Status: no Form D since Jan 2017. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Driehaus Elite Partners LLC is a private investment fund based in Chicago, Illinois. According to its most recent Form D, filed Jan 20, 2017, it has sold $73,081,828 of interests to 35 investors since its first sale in Dec 2010. The minimum investment it accepts from an outside investor is $5,000. 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 Driehaus Capital Management LLC; Richard Driehaus; Richard H. Driehaus 2003 Revocable Trust.

Total raised
$73,081,828Cumulative sales reported on Form D
Investors
35
First sale
Dec 1, 2010
Minimum investment
$5,000
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
Driehaus Capital Management LLC; Richard Driehaus; Richard H. Driehaus 2003 Revocable Trust
Latest Form D
Jan 20, 2017

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 Driehaus Elite Partners LLC

What is the minimum investment for Driehaus Elite Partners LLC?

According to its latest Form D, filed Jan 20, 2017, the minimum investment Driehaus Elite Partners LLC accepts from an outside investor is $5,000.

Who can invest in Driehaus Elite Partners LLC?

Driehaus Elite Partners 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 Driehaus Elite Partners LLC raised?

Driehaus Elite Partners LLC reports $73,081,828 sold from 35 investors on its Form D filed Jan 20, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Driehaus Elite Partners LLC based?

Driehaus Elite Partners LLC is based in Chicago, Illinois.

When did Driehaus Elite Partners LLC launch?

Driehaus Elite Partners LLC reports its first sale in Dec 2010.

Size compared with every private investment fund

Raised more than 60% of the 553 private investment funds based in Illinois, and more than 67% of all 10,266 that report sales.

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