Institutional Drilling Fund I LP is an energy fund based in Arlington, Texas. According to its most recent Form D, filed Jan 13, 2025, it has sold $360,000 of interests since its first sale in Dec 2024. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include U.S. Energy Development Corporation; Jordan Jayson; Matthew Iak.
- Total raised
- $360,000Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Dec 31, 2024
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- U.S. Energy Development Corporation; Jordan Jayson; Matthew Iak
- Latest Form D
- Jan 13, 2025
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 Institutional Drilling Fund I LP
What is the minimum investment for Institutional Drilling Fund I LP?
According to its latest Form D, filed Jan 13, 2025, the minimum investment Institutional Drilling Fund I LP accepts from an outside investor is $100,000.
Who can invest in Institutional Drilling Fund I LP?
Institutional Drilling Fund I LP is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Institutional Drilling Fund I LP raised?
Institutional Drilling Fund I LP reports $360,000 sold on its Form D filed Jan 13, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Institutional Drilling Fund I LP based?
Institutional Drilling Fund I LP is based in Arlington, Texas.
When did Institutional Drilling Fund I LP launch?
Institutional Drilling Fund I LP reports its first sale in Dec 2024, 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 energy fund
Raised more than 56% of the 362 energy funds based in Texas, and more than 22% of all 345 that report sales.