Espalier DE25B, LLC is a private equity fund based in Orem, Utah. According to its most recent Form D, filed Jan 8, 2026, it has sold $18,665,500 of interests to 33 investors since its first sale in Dec 2025. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Peter Malinka.
- Total raised
- $18,665,500Cumulative sales reported on Form D
- Investors
- 33
- First sale
- Dec 18, 2025
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Peter Malinka
- Latest Form D
- Jan 8, 2026
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 Espalier DE25B, LLC
What is the minimum investment for Espalier DE25B, LLC?
According to its latest Form D, filed Jan 8, 2026, the minimum investment Espalier DE25B, LLC accepts from an outside investor is $50,000.
Who can invest in Espalier DE25B, LLC?
Espalier DE25B, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Espalier DE25B, LLC raised?
Espalier DE25B, LLC reports $18,665,500 sold from 33 investors on its Form D filed Jan 8, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Espalier DE25B, LLC based?
Espalier DE25B, LLC is based in Orem, Utah.
When did Espalier DE25B, LLC launch?
Espalier DE25B, LLC reports its first sale in Dec 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 89% of the 237 private equity funds based in Utah, and more than 50% of all 9,142 that report sales.