AltMountain

FPG Ad Astra XIII, LP

Chicago, IL · CIK 2117092 · Managed by First Principles Group
Emerging

FPG Ad Astra XIII, LP is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Mar 10, 2026, it has sold $47,867,500 of interests to 95 investors since its first sale in Feb 2026. The minimum investment it accepts from an outside investor is $136,325. 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 FPG Partners V GP LLC; Benjamin Holland; First Principles Group Management LLC.

Total raised
$47,867,500Cumulative sales reported on Form D
Investors
95
First sale
Feb 19, 2026
Minimum investment
$136,325
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
FPG Partners V GP LLC; Benjamin Holland; First Principles Group Management LLC
Latest Form D
Mar 10, 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 FPG Ad Astra XIII, LP

What is the minimum investment for FPG Ad Astra XIII, LP?

According to its latest Form D, filed Mar 10, 2026, the minimum investment FPG Ad Astra XIII, LP accepts from an outside investor is $136,325.

Who can invest in FPG Ad Astra XIII, LP?

FPG Ad Astra XIII, 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 FPG Ad Astra XIII, LP raised?

FPG Ad Astra XIII, LP reports $47,867,500 sold from 95 investors on its Form D filed Mar 10, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is FPG Ad Astra XIII, LP based?

FPG Ad Astra XIII, LP is based in Chicago, Illinois and is managed by First Principles Group.

When did FPG Ad Astra XIII, LP launch?

FPG Ad Astra XIII, LP reports its first sale in Feb 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 67% of the 491 private equity funds based in Illinois, and more than 63% of all 9,142 that report sales.

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