Gainline Equity Fund LP is a private equity fund based in New York, New York. According to its most recent Form D, filed Mar 21, 2019, it has sold $145,615,000 of interests to 54 investors since its first sale in May 2017. 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. Related persons named in the filing include Ulric Sullivan; Brian OReilly; Allan Weinstein.
- Total raised
- $145,615,000Cumulative sales reported on Form D
- Investors
- 54
- First sale
- May 31, 2017
- 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
- Ulric Sullivan; Brian OReilly; Allan Weinstein
- Latest Form D
- Mar 21, 2019
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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Mar 21, 2019 | Form D/A (amendment) | $145,615,000 | 54 | SEC.gov ↗ |
| Dec 21, 2018 | Form D/A (amendment) | $76,920,000 | 28 | SEC.gov ↗ |
| Dec 22, 2017 | Form D/A (amendment) | $66,320,000 | 14 | SEC.gov ↗ |
| May 25, 2017 | Form D | $0 | 0 | SEC.gov ↗ |
4 Form D filings in the SEC's electronic records (2008 onward), the earliest on May 25, 2017. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about Gainline Equity Fund LP
What is the minimum investment for Gainline Equity Fund LP?
Gainline Equity Fund LP's latest Form D, filed Mar 21, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Gainline Equity Fund LP?
Gainline Equity Fund 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 Gainline Equity Fund LP raised?
Gainline Equity Fund LP reports $145,615,000 sold from 54 investors on its Form D filed Mar 21, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Gainline Equity Fund LP based?
Gainline Equity Fund LP is based in New York, New York.
When did Gainline Equity Fund LP launch?
Gainline Equity Fund LP reports its first sale in May 2017.
Size compared with every private equity fund
Raised more than 81% of the 3,669 private equity funds based in New York, and more than 77% of all 8,950 that report sales.