FPA Select Fund
FPA Select Fund is a private investment fund based in Los Angeles, California. According to its most recent Form D, filed Aug 1, 2017, it has sold $45,598,000 of interests to 16 investors since its first sale in Oct 2014. 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. Related persons named in the filing include Brian Selmo; J. Atwood; Steven Romick.
- Total raised
- $45,598,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Oct 1, 2014
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $25,000,001 - $50,000,000Self-reported
- Key people and entities
- Brian Selmo; J. Atwood; Steven Romick
- Latest Form D
- Aug 1, 2017
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 FPA Select Fund
What is the minimum investment for FPA Select Fund?
FPA Select Fund's latest Form D, filed Aug 1, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in FPA Select Fund?
FPA Select Fund 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 FPA Select Fund raised?
FPA Select Fund reports $45,598,000 sold from 16 investors on its Form D filed Aug 1, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is FPA Select Fund based?
FPA Select Fund is based in Los Angeles, California.
When did FPA Select Fund launch?
FPA Select Fund reports its first sale in Oct 2014.
Size compared with every private investment fund
Raised more than 75% of the 1,714 private investment funds based in California, and more than 61% of all 10,255 that report sales.