HEP Liquids LP is a private equity fund based in Houston, Texas. According to its most recent Form D, filed Apr 10, 2018, it has sold $38,885,000 of interests to 4 investors since its first sale in Mar 2018. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Haddington Ventures, L.L.C; J. Jones; M. Jones.
- Total raised
- $38,885,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Mar 29, 2018
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Haddington Ventures, L.L.C; J. Jones; M. Jones
- Latest Form D
- Apr 10, 2018
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 HEP Liquids LP
What is the minimum investment for HEP Liquids LP?
HEP Liquids LP's latest Form D, filed Apr 10, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in HEP Liquids LP?
HEP Liquids 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(c), so it may advertise, but every investor must be verified as accredited.
How much has HEP Liquids LP raised?
HEP Liquids LP reports $38,885,000 sold from 4 investors on its Form D filed Apr 10, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is HEP Liquids LP based?
HEP Liquids LP is based in Houston, Texas.
When did HEP Liquids LP launch?
HEP Liquids LP reports its first sale in Mar 2018.
Size compared with every private equity fund
Raised more than 78% of the 1,401 private equity funds based in Texas, and more than 60% of all 8,896 that report sales.