GEM IS Fund, LP
GEM IS Fund, LP is a private investment fund based in Charlotte, North Carolina. According to its most recent Form D, filed Mar 7, 2025, it has sold $237,175,000 of interests to 52 investors since its first sale in Apr 2024. The minimum investment it accepts from an outside investor is $250,000. 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 Richard Abraham; Gem GP Is, LLC; Global Endowment Management, L.P.
- Total raised
- $237,175,000Cumulative sales reported on Form D
- Investors
- 52
- First sale
- Apr 18, 2024
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Richard Abraham; Gem GP Is, LLC; Global Endowment Management, L.P
- Latest Form D
- Mar 7, 2025
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 GEM IS Fund, LP
What is the minimum investment for GEM IS Fund, LP?
According to its latest Form D, filed Mar 7, 2025, the minimum investment GEM IS Fund, LP accepts from an outside investor is $250,000.
Who can invest in GEM IS Fund, LP?
GEM IS 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 GEM IS Fund, LP raised?
GEM IS Fund, LP reports $237,175,000 sold from 52 investors on its Form D filed Mar 7, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is GEM IS Fund, LP based?
GEM IS Fund, LP is based in Charlotte, North Carolina and is managed by Global Endowment Management, LP.
When did GEM IS Fund, LP launch?
GEM IS Fund, LP reports its first sale in Apr 2024.
Size compared with every private investment fund
Raised more than 82% of the 246 private investment funds based in North Carolina, and more than 81% of all 10,270 that report sales.