Kandle I, LP
Kandle I, LP is a private equity fund based in Menlo Park, California. According to its most recent Form D, filed Mar 1, 2019, it has sold $1,201,250,000 of interests to 5 investors since its first sale in Mar 2018. 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 James Davidson; Kandle I GP, LP; Kandle I Master GP, LLC.
- Total raised
- $1,201,250,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Mar 13, 2018
- 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
- James Davidson; Kandle I GP, LP; Kandle I Master GP, LLC
- Latest Form D
- Mar 1, 2019
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 Kandle I, LP
What is the minimum investment for Kandle I, LP?
Kandle I, LP's latest Form D, filed Mar 1, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Kandle I, LP?
Kandle I, 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 Kandle I, LP raised?
Kandle I, LP reports $1,201,250,000 sold from 5 investors on its Form D filed Mar 1, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Kandle I, LP based?
Kandle I, LP is based in Menlo Park, California.
When did Kandle I, LP launch?
Kandle I, LP reports its first sale in Mar 2018.
Size compared with every private equity fund
Raised more than 98% of the 1,740 private equity funds based in California, and more than 95% of all 8,896 that report sales.