Hpep 3, L.P. is a private equity fund based in Austin, Texas. According to its most recent Form D, filed Jun 6, 2016, it has sold $19,950,000 of interests to 13 investors since its first sale in May 2016. 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(b), which does not permit general solicitation. Related persons named in the filing include Harris Preston & Partners, LLC; HPEP Interest, LLC; Ron Harris.
- Total raised
- $19,950,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- May 18, 2016
- Minimum investment
- None set
- 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
- Harris Preston & Partners, LLC; HPEP Interest, LLC; Ron Harris
- Latest Form D
- Jun 6, 2016
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 Hpep 3, L.P.
What is the minimum investment for Hpep 3, L.P.?
Hpep 3, L.P.'s latest Form D, filed Jun 6, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Hpep 3, L.P.?
Hpep 3, L.P. 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 Hpep 3, L.P. raised?
Hpep 3, L.P. reports $19,950,000 sold from 13 investors on its Form D filed Jun 6, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Hpep 3, L.P. based?
Hpep 3, L.P. is based in Austin, Texas.
When did Hpep 3, L.P. launch?
Hpep 3, L.P. reports its first sale in May 2016.
Size compared with every private equity fund
Raised more than 72% of the 1,403 private equity funds based in Texas, and more than 51% of all 8,950 that report sales.