GLC SBIC Fund I, LP
GLC SBIC Fund I, LP is a private equity fund based in San Francisco, California. According to its most recent Form D, filed Jun 9, 2015, it has sold $28,200,000 of interests to 8 investors since its first sale in Jun 2015. The minimum investment it accepts from an outside investor is $200,000. 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. Related persons named in the filing include GLC Credit Partners, LLC; Lee Buckner; Jeffrey Youle.
- Total raised
- $28,200,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Jun 1, 2015
- Minimum investment
- $200,000
- 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
- GLC Credit Partners, LLC; Lee Buckner; Jeffrey Youle
- Latest Form D
- Jun 9, 2015
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 GLC SBIC Fund I, LP
What is the minimum investment for GLC SBIC Fund I, LP?
According to its latest Form D, filed Jun 9, 2015, the minimum investment GLC SBIC Fund I, LP accepts from an outside investor is $200,000.
Who can invest in GLC SBIC Fund I, LP?
GLC SBIC Fund I, 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 GLC SBIC Fund I, LP raised?
GLC SBIC Fund I, LP reports $28,200,000 sold from 8 investors on its Form D filed Jun 9, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is GLC SBIC Fund I, LP based?
GLC SBIC Fund I, LP is based in San Francisco, California.
When did GLC SBIC Fund I, LP launch?
GLC SBIC Fund I, LP reports its first sale in Jun 2015.
Size compared with every private equity fund
Raised more than 77% of the 1,747 private equity funds based in California, and more than 56% of all 8,950 that report sales.