GL-Direct KPEIF III, LP
GL-Direct KPEIF III, LP is a private investment fund based in Atlanta, Georgia. According to its most recent Form D, filed May 6, 2025, it has sold $1,900,000 of interests to 8 investors since its first sale in Apr 2025. The minimum investment it accepts from an outside investor is $250,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. 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
- $1,900,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Apr 22, 2025
- Minimum investment
- $250,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Logan Henderson; Gridline Direct GP, LLC
- Latest Form D
- May 6, 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 KPEIF III, LP
What is the minimum investment for GL-Direct KPEIF III, LP?
According to its latest Form D, filed May 6, 2025, the minimum investment GL-Direct KPEIF III, LP accepts from an outside investor is $250,000.
Who can invest in GL-Direct KPEIF III, LP?
GL-Direct KPEIF III, LP is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has GL-Direct KPEIF III, LP raised?
GL-Direct KPEIF III, LP reports $1,900,000 sold from 8 investors on its Form D filed May 6, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is GL-Direct KPEIF III, LP based?
GL-Direct KPEIF III, LP is based in Atlanta, Georgia.
When did GL-Direct KPEIF III, LP launch?
GL-Direct KPEIF III, LP reports its first sale in Apr 2025, 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 24% of the 237 private investment funds based in Georgia, and more than 20% of all 10,266 that report sales.