Farpoint GP Fund I, LP is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Dec 21, 2021, it has sold $14,833,335 of interests to 17 investors since its first sale in Nov 2021. The minimum investment it accepts from an outside investor is $250,000. 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 Regina Stilp; Farpoint GP I, LLC; Eric Helfand.
- Total raised
- $14,833,335Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Nov 29, 2021
- Minimum investment
- $250,000
- 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
- Regina Stilp; Farpoint GP I, LLC; Eric Helfand
- Latest Form D
- Dec 21, 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 Farpoint GP Fund I, LP
What is the minimum investment for Farpoint GP Fund I, LP?
According to its latest Form D, filed Dec 21, 2021, the minimum investment Farpoint GP Fund I, LP accepts from an outside investor is $250,000.
Who can invest in Farpoint GP Fund I, LP?
Farpoint GP 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 Farpoint GP Fund I, LP raised?
Farpoint GP Fund I, LP reports $14,833,335 sold from 17 investors on its Form D filed Dec 21, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Farpoint GP Fund I, LP based?
Farpoint GP Fund I, LP is based in Chicago, Illinois.
When did Farpoint GP Fund I, LP launch?
Farpoint GP Fund I, LP reports its first sale in Nov 2021.
Size compared with every private equity fund
Raised more than 58% of the 479 private equity funds based in Illinois, and more than 47% of all 8,896 that report sales.