AltMountain

ELPS Capital Fund I, LP

Dallas, TX · CIK 1889607 · Sponsor: Elps Capital
Status: no Form D since Nov 2021. 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.

ELPS Capital Fund I, LP is a private investment fund based in Dallas, Texas. According to its most recent Form D, filed Nov 5, 2021, it has sold $3,000,000 of interests to 18 investors since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $50,000. 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 David Pailet.

Total raised
$3,000,000Cumulative sales reported on Form D
Investors
18
First sale
Oct 28, 2021
Minimum investment
$50,000
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
David Pailet
Latest Form D
Nov 5, 2021

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 ELPS Capital Fund I, LP

What is the minimum investment for ELPS Capital Fund I, LP?

According to its latest Form D, filed Nov 5, 2021, the minimum investment ELPS Capital Fund I, LP accepts from an outside investor is $50,000.

Who can invest in ELPS Capital Fund I, LP?

ELPS Capital Fund I, LP 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 ELPS Capital Fund I, LP raised?

ELPS Capital Fund I, LP reports $3,000,000 sold from 18 investors on its Form D filed Nov 5, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is ELPS Capital Fund I, LP based?

ELPS Capital Fund I, LP is based in Dallas, Texas.

When did ELPS Capital Fund I, LP launch?

ELPS Capital Fund I, LP reports its first sale in Oct 2021.

Size compared with every private investment fund

Raised more than 42% of the 878 private investment funds based in Texas, and more than 25% of all 10,266 that report sales.

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