GCP Secondaries I-B, LP is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Feb 9, 2024, it has sold $60,200,000 of interests to 45 investors since its first sale in Jun 2023. 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 Gerchen Capital Management, LLC; Ashley Keller; Warren Postman.
- Total raised
- $60,200,000Cumulative sales reported on Form D
- Investors
- 45
- First sale
- Jun 30, 2023
- 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
- Gerchen Capital Management, LLC; Ashley Keller; Warren Postman
- Latest Form D
- Feb 9, 2024
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 GCP Secondaries I-B, LP
What is the minimum investment for GCP Secondaries I-B, LP?
GCP Secondaries I-B, LP's latest Form D, filed Feb 9, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in GCP Secondaries I-B, LP?
GCP Secondaries I-B, 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 GCP Secondaries I-B, LP raised?
GCP Secondaries I-B, LP reports $60,200,000 sold from 45 investors on its Form D filed Feb 9, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is GCP Secondaries I-B, LP based?
GCP Secondaries I-B, LP is based in Chicago, Illinois.
When did GCP Secondaries I-B, LP launch?
GCP Secondaries I-B, LP reports its first sale in Jun 2023.
Size compared with every private equity fund
Raised more than 68% of the 479 private equity funds based in Illinois, and more than 66% of all 8,896 that report sales.