Lac Inv-Rais LP is a private equity fund based in New York, New York. According to its most recent Form D, filed Jul 9, 2018, it has sold $26,615,000 of interests to 20 investors since its first sale in Jun 2018. The minimum investment it accepts from an outside investor is $50,000. 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 Gaurav Bhandari; Lac-Rais GP LLC; Frederic Garnier.
- Total raised
- $26,615,000Cumulative sales reported on Form D
- Investors
- 20
- First sale
- Jun 15, 2018
- Minimum investment
- $50,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gaurav Bhandari; Lac-Rais GP LLC; Frederic Garnier
- Latest Form D
- Jul 9, 2018
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 Lac Inv-Rais LP
What is the minimum investment for Lac Inv-Rais LP?
According to its latest Form D, filed Jul 9, 2018, the minimum investment Lac Inv-Rais LP accepts from an outside investor is $50,000.
Who can invest in Lac Inv-Rais LP?
Lac Inv-Rais 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 Lac Inv-Rais LP raised?
Lac Inv-Rais LP reports $26,615,000 sold from 20 investors on its Form D filed Jul 9, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Lac Inv-Rais LP based?
Lac Inv-Rais LP is based in New York, New York.
When did Lac Inv-Rais LP launch?
Lac Inv-Rais LP reports its first sale in Jun 2018.
Size compared with every private equity fund
Raised more than 65% of the 3,666 private equity funds based in New York, and more than 55% of all 8,888 that report sales.