L3 Bp GP I LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Oct 7, 2026, it has sold $1,186,000 of interests to 16 investors since its first sale in Jul 2026. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Domenic Lanni; Tim Phair.
- Total raised
- $1,186,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Jul 27, 2026
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Domenic Lanni; Tim Phair
- Latest Form D
- Oct 7, 2026
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 L3 Bp GP I LLC
What is the minimum investment for L3 Bp GP I LLC?
L3 Bp GP I LLC's latest Form D, filed Oct 7, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in L3 Bp GP I LLC?
L3 Bp GP I LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has L3 Bp GP I LLC raised?
L3 Bp GP I LLC reports $1,186,000 sold from 16 investors on its Form D filed Oct 7, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is L3 Bp GP I LLC based?
L3 Bp GP I LLC is based in Chicago, Illinois.
When did L3 Bp GP I LLC launch?
L3 Bp GP I LLC reports its first sale in Jul 2026, 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 real estate fund
Raised more than 59% of the 481 real estate funds based in Illinois, and more than 35% of all 7,350 that report sales.