Evergen Equity 16, LP is a private equity fund based in Austin, Texas. According to its most recent Form D, filed Apr 16, 2024, it has sold $7,095,000 of interests to 24 investors since its first sale in Apr 2024. The filing does not set a minimum investment. 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 Evergen Equity 16 GP, LLC; Morris Marcus.
- Total raised
- $7,095,000Cumulative sales reported on Form D
- Investors
- 24
- First sale
- Apr 3, 2024
- Minimum investment
- None set
- 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
- Evergen Equity 16 GP, LLC; Morris Marcus
- Latest Form D
- Apr 16, 2024
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 Evergen Equity 16, LP
What is the minimum investment for Evergen Equity 16, LP?
Evergen Equity 16, LP's latest Form D, filed Apr 16, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Evergen Equity 16, LP?
Evergen Equity 16, 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 Evergen Equity 16, LP raised?
Evergen Equity 16, LP reports $7,095,000 sold from 24 investors on its Form D filed Apr 16, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Evergen Equity 16, LP based?
Evergen Equity 16, LP is based in Austin, Texas.
When did Evergen Equity 16, LP launch?
Evergen Equity 16, LP reports its first sale in Apr 2024.
Size compared with every private equity fund
Raised more than 64% of the 1,406 private equity funds based in Texas, and more than 39% of all 8,889 that report sales.