GL-Direct GBDC 4, LP is a private investment fund based in Atlanta, Georgia. According to its most recent Form D, filed Jan 15, 2025, it has sold $3,625,000 of interests to 13 investors since its first sale in Dec 2023. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. 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 Logan Henderson; Gridline Direct GP, LLC.
- Total raised
- $3,625,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Dec 15, 2023
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Logan Henderson; Gridline Direct GP, LLC
- Latest Form D
- Jan 15, 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 GL-Direct GBDC 4, LP
What is the minimum investment for GL-Direct GBDC 4, LP?
According to its latest Form D, filed Jan 15, 2025, the minimum investment GL-Direct GBDC 4, LP accepts from an outside investor is $50,000.
Who can invest in GL-Direct GBDC 4, LP?
GL-Direct GBDC 4, LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has GL-Direct GBDC 4, LP raised?
GL-Direct GBDC 4, LP reports $3,625,000 sold from 13 investors on its Form D filed Jan 15, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is GL-Direct GBDC 4, LP based?
GL-Direct GBDC 4, LP is based in Atlanta, Georgia.
When did GL-Direct GBDC 4, LP launch?
GL-Direct GBDC 4, LP reports its first sale in Dec 2023, 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.