Gauge Parallel Fund LP is a private equity fund based in Southlake, Texas. According to its most recent Form D, filed Nov 3, 2014, it has sold $55,502,662 of interests to 6 investors since its first sale in Mar 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 Whitney Bowman; Drew Johnson; Tom McKelvey.
- Total raised
- $55,502,662Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Mar 26, 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
- Key people and entities
- Whitney Bowman; Drew Johnson; Tom McKelvey
- Latest Form D
- Nov 3, 2014
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 Gauge Parallel Fund LP
What is the minimum investment for Gauge Parallel Fund LP?
Gauge Parallel Fund LP's latest Form D, filed Nov 3, 2014, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Gauge Parallel Fund LP?
Gauge Parallel Fund LP 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 Gauge Parallel Fund LP raised?
Gauge Parallel Fund LP reports $55,502,662 sold from 6 investors on its Form D filed Nov 3, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Gauge Parallel Fund LP based?
Gauge Parallel Fund LP is based in Southlake, Texas.
When did Gauge Parallel Fund LP launch?
Gauge Parallel Fund LP reports its first sale in Mar 2014.
Size compared with every private equity fund
Raised more than 81% of the 1,407 private equity funds based in Texas, and more than 65% of all 8,888 that report sales.