AltMountain

Hermes GPE PEC III LP

Offshore
Status: no Form D since Feb 2017. 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.

Hermes GPE PEC III LP is a private equity fund based in Edinburgh, United Kingdom. According to its most recent Form D, filed Feb 8, 2017, it has sold $248,700,000 of interests to 8 investors since its first sale in Mar 2016. The filing does not set a minimum investment. 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 Simon Moss; Peter Gale; Elias Korosis.

Total raised
$248,700,000Cumulative sales reported on Form D
Investors
8
First sale
Mar 10, 2016
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Simon Moss; Peter Gale; Elias Korosis
Latest Form D
Feb 8, 2017

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 Hermes GPE PEC III LP

What is the minimum investment for Hermes GPE PEC III LP?

Hermes GPE PEC III LP's latest Form D, filed Feb 8, 2017, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Hermes GPE PEC III LP?

Hermes GPE PEC III 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 Hermes GPE PEC III LP raised?

Hermes GPE PEC III LP reports $248,700,000 sold from 8 investors on its Form D filed Feb 8, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Hermes GPE PEC III LP based?

Hermes GPE PEC III LP is based in Edinburgh, United Kingdom.

When did Hermes GPE PEC III LP launch?

Hermes GPE PEC III LP reports its first sale in Mar 2016.

Size compared with every private equity fund

Raised more than 92% of the 86 private equity funds based in United Kingdom, and more than 83% of all 8,950 that report sales.

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