HP Fund I LLC is a private equity fund based in Tampa, Florida. According to its most recent Form D, filed Jun 1, 2017, it has sold $10,000,000 of interests to 5 investors since its first sale in Mar 2017. The minimum investment it accepts from an outside investor is $500,000. 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 Manager Harrod Management GP, LLC; Robert Webster, II; Chadwick Harrod.
- Total raised
- $10,000,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Mar 2, 2017
- Minimum investment
- $500,000
- 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
- Manager Harrod Management GP, LLC; Robert Webster, II; Chadwick Harrod
- Latest Form D
- Jun 1, 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 HP Fund I LLC
What is the minimum investment for HP Fund I LLC?
According to its latest Form D, filed Jun 1, 2017, the minimum investment HP Fund I LLC accepts from an outside investor is $500,000.
Who can invest in HP Fund I LLC?
HP Fund I LLC 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 HP Fund I LLC raised?
HP Fund I LLC reports $10,000,000 sold from 5 investors on its Form D filed Jun 1, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is HP Fund I LLC based?
HP Fund I LLC is based in Tampa, Florida.
When did HP Fund I LLC launch?
HP Fund I LLC reports its first sale in Mar 2017.
Size compared with every private equity fund
Raised more than 77% of the 784 private equity funds based in Florida, and more than 42% of all 8,950 that report sales.