Lightbay Executive Fund LP
Lightbay Executive Fund LP is a private equity fund based in Los Angeles, California. According to its most recent Form D, filed Mar 7, 2018, it has sold $5,250,000 of interests to 2 investors since its first sale in Feb 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 Navroz Rahemtulla; Adam Stein.
- Total raised
- $5,250,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Feb 22, 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
- Navroz Rahemtulla; Adam Stein
- Latest Form D
- Mar 7, 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 Lightbay Executive Fund LP
What is the minimum investment for Lightbay Executive Fund LP?
Lightbay Executive Fund LP's latest Form D, filed Mar 7, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Lightbay Executive Fund LP?
Lightbay Executive Fund 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 Lightbay Executive Fund LP raised?
Lightbay Executive Fund LP reports $5,250,000 sold from 2 investors on its Form D filed Mar 7, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Lightbay Executive Fund LP based?
Lightbay Executive Fund LP is based in Los Angeles, California.
When did Lightbay Executive Fund LP launch?
Lightbay Executive Fund LP reports its first sale in Feb 2018.
Size compared with every private equity fund
Raised more than 61% of the 1,742 private equity funds based in California, and more than 36% of all 8,883 that report sales.