Lilypad LP is a private investment fund based in New York, New York. According to its most recent Form D, filed Oct 29, 2013, it has sold $350,000 of interests to 8 investors since its first sale in Mar 2013. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Gregory Simon.
- Total raised
- $350,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Mar 25, 2013
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gregory Simon
- Latest Form D
- Oct 29, 2013
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 Lilypad LP
What is the minimum investment for Lilypad LP?
Lilypad LP's latest Form D, filed Oct 29, 2013, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Lilypad LP?
Lilypad 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(b), which does not allow general advertising.
How much has Lilypad LP raised?
Lilypad LP reports $350,000 sold from 8 investors on its Form D filed Oct 29, 2013. This is cumulative sales since the offering began, not current assets or performance.
Where is Lilypad LP based?
Lilypad LP is based in New York, New York.
When did Lilypad LP launch?
Lilypad LP reports its first sale in Mar 2013.
Size compared with every private investment fund
Raised more than 25% of the 2,822 private investment funds based in New York, and more than 7% of all 10,255 that report sales.