Granite Equity LLC is a private equity fund based in St. Cloud, Minnesota. According to its most recent Form D, filed Jul 16, 2026, it has sold $21,506,754 of interests to 11 investors since its first sale in Apr 2026. The minimum investment it accepts from an outside investor is $128,950. 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 John Tickle; Richard Bauerly; Jon Kern.
- Total raised
- $21,506,754Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Apr 30, 2026
- Minimum investment
- $128,950
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- John Tickle; Richard Bauerly; Jon Kern
- Latest Form D
- Jul 16, 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 Granite Equity LLC
What is the minimum investment for Granite Equity LLC?
According to its latest Form D, filed Jul 16, 2026, the minimum investment Granite Equity LLC accepts from an outside investor is $128,950.
Who can invest in Granite Equity LLC?
Granite Equity LLC 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 Granite Equity LLC raised?
Granite Equity LLC reports $21,506,754 sold from 11 investors on its Form D filed Jul 16, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Granite Equity LLC based?
Granite Equity LLC is based in St. Cloud, Minnesota.
When did Granite Equity LLC launch?
Granite Equity LLC reports its first sale in Apr 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 equity fund
Raised more than 46% of the 63 private equity funds based in Minnesota, and more than 53% of all 9,142 that report sales.