AltMountain

GL-Direct Ballistic 2, LP

Atlanta, GA · CIK 2029755 · Sponsor: Gridline Platform GP, LLC
Status: no Form D since Jul 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

GL-Direct Ballistic 2, LP is a private investment fund based in Atlanta, Georgia. According to its most recent Form D, filed Jul 10, 2024, it has sold $2,050,000 of interests to 10 investors since its first sale in Jun 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 Logan Henderson; Gridline Direct GP, LLC.

Total raised
$2,050,000Cumulative sales reported on Form D
Investors
10
First sale
Jun 28, 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
Logan Henderson; Gridline Direct GP, LLC
Latest Form D
Jul 10, 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 GL-Direct Ballistic 2, LP

What is the minimum investment for GL-Direct Ballistic 2, LP?

According to its latest Form D, filed Jul 10, 2024, the minimum investment GL-Direct Ballistic 2, LP accepts from an outside investor is $250,000.

Who can invest in GL-Direct Ballistic 2, LP?

GL-Direct Ballistic 2, 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 2, LP raised?

GL-Direct Ballistic 2, LP reports $2,050,000 sold from 10 investors on its Form D filed Jul 10, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is GL-Direct Ballistic 2, LP based?

GL-Direct Ballistic 2, LP is based in Atlanta, Georgia.

When did GL-Direct Ballistic 2, LP launch?

GL-Direct Ballistic 2, LP reports its first sale in Jun 2024.

Size compared with every private investment fund

Raised more than 26% of the 237 private investment funds based in Georgia, and more than 21% of all 10,287 that report sales.

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