Gateway Privileged Fund LLC is a private equity fund based in New York, New York. According to its most recent Form D, filed Mar 18, 2019, it has sold $1,000,000 of interests to 8 investors since its first sale in Mar 2019. The minimum investment it accepts from an outside investor is $200,000. 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 Reid Drescher.
- Total raised
- $1,000,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Mar 8, 2019
- Minimum investment
- $200,000
- 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
- Reid Drescher
- Latest Form D
- Mar 18, 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
Questions about Gateway Privileged Fund LLC
What is the minimum investment for Gateway Privileged Fund LLC?
According to its latest Form D, filed Mar 18, 2019, the minimum investment Gateway Privileged Fund LLC accepts from an outside investor is $200,000.
Who can invest in Gateway Privileged Fund LLC?
Gateway Privileged Fund LLC 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 Gateway Privileged Fund LLC raised?
Gateway Privileged Fund LLC reports $1,000,000 sold from 8 investors on its Form D filed Mar 18, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Gateway Privileged Fund LLC based?
Gateway Privileged Fund LLC is based in New York, New York.
When did Gateway Privileged Fund LLC launch?
Gateway Privileged Fund LLC reports its first sale in Mar 2019.
Size compared with every private equity fund
Raised more than 50% of the 3,669 private equity funds based in New York, and more than 21% of all 8,950 that report sales.