Local ETX LP is a private investment fund based in Austin, Texas. According to its most recent Form D, filed Jan 27, 2026, it has sold $1,285,000 of interests to 3 investors since its first sale in Dec 2025. The minimum investment it accepts from an outside investor is $85,000. 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 Marshall Stewman; Gilbert Reynolds; Marshall Barksdale.
- Total raised
- $1,285,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Dec 1, 2025
- Minimum investment
- $85,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $5,000,001 - $25,000,000Self-reported
- Key people and entities
- Marshall Stewman; Gilbert Reynolds; Marshall Barksdale
- Latest Form D
- Jan 27, 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 Local ETX LP
What is the minimum investment for Local ETX LP?
According to its latest Form D, filed Jan 27, 2026, the minimum investment Local ETX LP accepts from an outside investor is $85,000.
Who can invest in Local ETX LP?
Local ETX LP 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 Local ETX LP raised?
Local ETX LP reports $1,285,000 sold from 3 investors on its Form D filed Jan 27, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Local ETX LP based?
Local ETX LP is based in Austin, Texas.
When did Local ETX LP launch?
Local ETX LP reports its first sale in Dec 2025, 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 private investment fund
Raised more than 37% of the 877 private investment funds based in Texas, and more than 16% of all 10,212 that report sales.