AltMountain

GL-Direct HPC, LP

Atlanta, GA · CIK 2019782 · Sponsor: Gridline Platform GP, LLC
Status: no Form D since Apr 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 HPC, LP is a private investment fund based in Atlanta, Georgia. According to its most recent Form D, filed Apr 17, 2024, it has sold $1,055,000 of interests to 8 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 Logan Henderson; Gridline Direct GP, LLC.

Total raised
$1,055,000Cumulative sales reported on Form D
Investors
8
First sale
Apr 2, 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
Apr 17, 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 HPC, LP

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

According to its latest Form D, filed Apr 17, 2024, the minimum investment GL-Direct HPC, LP accepts from an outside investor is $250,000.

Who can invest in GL-Direct HPC, LP?

GL-Direct HPC, 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 HPC, LP raised?

GL-Direct HPC, LP reports $1,055,000 sold from 8 investors on its Form D filed Apr 17, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is GL-Direct HPC, LP based?

GL-Direct HPC, LP is based in Atlanta, Georgia.

When did GL-Direct HPC, LP launch?

GL-Direct HPC, LP reports its first sale in Apr 2024.

Size compared with every private investment fund

Raised more than 20% of the 237 private investment funds based in Georgia, and more than 15% of all 10,266 that report sales.

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