GL-Direct Ballistic 1, LP
GL-Direct Ballistic 1, LP is a private investment fund based in Atlanta, Georgia. According to its most recent Form D, filed Jul 6, 2022, it has sold $1,500,000 of interests to 4 investors since its first sale in Jul 2022. The minimum investment it accepts from an outside investor is $100,000. 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 Ballistic, LLC Gl-Direct.
- Total raised
- $1,500,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Jul 3, 2022
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Ballistic, LLC Gl-Direct
- Latest Form D
- Jul 6, 2022
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 GL-Direct Ballistic 1, LP
What is the minimum investment for GL-Direct Ballistic 1, LP?
According to its latest Form D, filed Jul 6, 2022, the minimum investment GL-Direct Ballistic 1, LP accepts from an outside investor is $100,000.
Who can invest in GL-Direct Ballistic 1, LP?
GL-Direct Ballistic 1, 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 GL-Direct Ballistic 1, LP raised?
GL-Direct Ballistic 1, LP reports $1,500,000 sold from 4 investors on its Form D filed Jul 6, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is GL-Direct Ballistic 1, LP based?
GL-Direct Ballistic 1, LP is based in Atlanta, Georgia.
When did GL-Direct Ballistic 1, LP launch?
GL-Direct Ballistic 1, LP reports its first sale in Jul 2022.
Size compared with every private investment fund
Raised more than 22% of the 237 private investment funds based in Georgia, and more than 18% of all 10,287 that report sales.