FG Lilly Investments LLC
FG Lilly Investments LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Jan 9, 2026, it has sold $29,000,000 of interests to 16 investors since its first sale in Dec 2025. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. 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 FocusGrowth Asset Management, LP; John Lykouretzos; Brendan Driscoll.
- Total raised
- $29,000,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Dec 12, 2025
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- FocusGrowth Asset Management, LP; John Lykouretzos; Brendan Driscoll
- Latest Form D
- Jan 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 FG Lilly Investments LLC
What is the minimum investment for FG Lilly Investments LLC?
FG Lilly Investments LLC's latest Form D, filed Jan 9, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in FG Lilly Investments LLC?
FG Lilly Investments LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has FG Lilly Investments LLC raised?
FG Lilly Investments LLC reports $29,000,000 sold from 16 investors on its Form D filed Jan 9, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is FG Lilly Investments LLC based?
FG Lilly Investments LLC is based in New York, New York and is managed by Focusgrowth Asset Management, LP.
When did FG Lilly Investments LLC launch?
FG Lilly Investments 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 investment fund
Raised more than 58% of the 2,840 private investment funds based in New York, and more than 55% of all 10,311 that report sales.