LocalGlobe XI, L.P. is a private equity fund based in St. Peter Port, Guernsey. Its most recent Form D, filed Dec 17, 2020, reports no sales yet. 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 LocalGlobe XI GP Limited; Matthew Westgarth-Smith; Sarita Steyn.
- Total raised
- $0Cumulative sales reported on Form D
- Investors
- 0
- First sale
- —
- 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
- LocalGlobe XI GP Limited; Matthew Westgarth-Smith; Sarita Steyn
- Latest Form D
- Dec 17, 2020
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 LocalGlobe XI, L.P.
What is the minimum investment for LocalGlobe XI, L.P.?
LocalGlobe XI, L.P.'s latest Form D, filed Dec 17, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in LocalGlobe XI, L.P.?
LocalGlobe XI, L.P. 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 LocalGlobe XI, L.P. raised?
LocalGlobe XI, L.P.'s latest Form D, filed Dec 17, 2020, reports no sales yet.
Where is LocalGlobe XI, L.P. based?
LocalGlobe XI, L.P. is based in St. Peter Port, Guernsey.
Size compared with every private equity fund
This fund hasn't reported any sales yet.