Evergen Equity 40, LP is a private equity fund based in Austin, Texas. According to its most recent Form D, filed Oct 9, 2026, it has sold $10,065,000 of interests to 7 investors since its first sale in Sep 2026. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Evergen Equity 40 GP, LLC; Morris Marcus.
- Total raised
- $10,065,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Sep 30, 2026
- 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 40 GP, LLC; Morris Marcus
- Latest Form D
- Oct 9, 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 Evergen Equity 40, LP
What is the minimum investment for Evergen Equity 40, LP?
Evergen Equity 40, LP's latest Form D, filed Oct 9, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Evergen Equity 40, LP?
Evergen Equity 40, 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 40, LP raised?
Evergen Equity 40, LP reports $10,065,000 sold from 7 investors on its Form D filed Oct 9, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Evergen Equity 40, LP based?
Evergen Equity 40, LP is based in Austin, Texas.
When did Evergen Equity 40, LP launch?
Evergen Equity 40, LP reports its first sale in Sep 2026, 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 66% of the 1,472 private equity funds based in Texas, and more than 43% of all 9,142 that report sales.