KLC Fund I LP
KLC Fund I LP is a private equity fund based in San Francisco, California. According to its most recent Form D, filed May 28, 2021, it has sold $300,786,800 of interests to 11 investors since its first sale in Mar 2020. 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 John Bailey; Shamik Patel.
- Total raised
- $300,786,800Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Mar 13, 2020
- 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
- John Bailey; Shamik Patel
- Latest Form D
- May 28, 2021
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 KLC Fund I LP
What is the minimum investment for KLC Fund I LP?
KLC Fund I LP's latest Form D, filed May 28, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in KLC Fund I LP?
KLC Fund 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 KLC Fund I LP raised?
KLC Fund I LP reports $300,786,800 sold from 11 investors on its Form D filed May 28, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is KLC Fund I LP based?
KLC Fund I LP is based in San Francisco, California.
When did KLC Fund I LP launch?
KLC Fund I LP reports its first sale in Mar 2020.
Size compared with every private equity fund
Raised more than 94% of the 1,747 private equity funds based in California, and more than 85% of all 8,950 that report sales.