L16ht LP is a private equity fund based in Wilmington. Its most recent Form D, filed Nov 27, 2023, reports no sales yet. The minimum investment it accepts from an outside investor is $444,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include L16ht GP LLC; Thomas Ventura; Michael Lederman.
- Total raised
- $0Cumulative sales reported on Form D
- Investors
- 0
- First sale
- —
- Minimum investment
- $444,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- L16ht GP LLC; Thomas Ventura; Michael Lederman
- Latest Form D
- Nov 27, 2023
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 L16ht LP
What is the minimum investment for L16ht LP?
According to its latest Form D, filed Nov 27, 2023, the minimum investment L16ht LP accepts from an outside investor is $444,000.
Who can invest in L16ht LP?
L16ht LP 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(c), so it may advertise, but every investor must be verified as accredited.
How much has L16ht LP raised?
L16ht LP's latest Form D, filed Nov 27, 2023, reports no sales yet.
Where is L16ht LP based?
L16ht LP is based in Wilmington.
Size compared with every private equity fund
This fund hasn't reported any sales yet.