Gatsby Ventures LLC is a private equity fund based in Austin, Texas. According to its most recent Form D, filed May 4, 2026, it has sold $9,999,592 of interests to 26 investors since its first sale in Dec 2025. 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(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Gatsby Management LLC; Duncan Penn.
- Total raised
- $9,999,592Cumulative sales reported on Form D
- Investors
- 26
- First sale
- Dec 19, 2025
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Gatsby Management LLC; Duncan Penn
- Latest Form D
- May 4, 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 Gatsby Ventures LLC
What is the minimum investment for Gatsby Ventures LLC?
Gatsby Ventures LLC's latest Form D, filed May 4, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Gatsby Ventures LLC?
Gatsby Ventures 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Gatsby Ventures LLC raised?
Gatsby Ventures LLC reports $9,999,592 sold from 26 investors on its Form D filed May 4, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Gatsby Ventures LLC based?
Gatsby Ventures LLC is based in Austin, Texas and is managed by Gatsby Management, LLC.
When did Gatsby Ventures LLC launch?
Gatsby Ventures 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 equity fund
Raised more than 66% of the 1,472 private equity funds based in Texas, and more than 42% of all 9,142 that report sales.