GL-Direct Ballistic 3, LP is a private investment fund based in Atlanta, Georgia. According to its most recent Form D, filed Oct 30, 2026, it has sold $3,575,000 of interests to 7 investors since its first sale in Oct 2026. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Gridline Direct GP, LLC; Gridline Advisors, LLC.
- Total raised
- $3,575,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Oct 28, 2026
- 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
- Gridline Direct GP, LLC; Gridline Advisors, LLC
- Latest Form D
- Oct 30, 2026
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 3, LP
What is the minimum investment for GL-Direct Ballistic 3, LP?
GL-Direct Ballistic 3, LP's latest Form D, filed Oct 30, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in GL-Direct Ballistic 3, LP?
GL-Direct Ballistic 3, 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 3, LP raised?
GL-Direct Ballistic 3, LP reports $3,575,000 sold from 7 investors on its Form D filed Oct 30, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is GL-Direct Ballistic 3, LP based?
GL-Direct Ballistic 3, LP is based in Atlanta, Georgia and is managed by Gridline.
When did GL-Direct Ballistic 3, LP launch?
GL-Direct Ballistic 3, LP reports its first sale in Oct 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 33% of the 238 private investment funds based in Georgia, and more than 28% of all 10,425 that report sales.