Operand IV Fund LP
Operand IV Fund LP is a private equity fund based in Barrington, Illinois. According to its most recent Form D, filed Sep 13, 2024, it has sold $32,925,000 of interests to 55 investors since its first sale in Aug 2023. 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 The Operand Group IV, LLC; Carlos Saez.
- Total raised
- $32,925,000Cumulative sales reported on Form D
- Investors
- 55
- First sale
- Aug 16, 2023
- 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
- The Operand Group IV, LLC; Carlos Saez
- Latest Form D
- Sep 13, 2024
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 Operand IV Fund LP
What is the minimum investment for Operand IV Fund LP?
Operand IV Fund LP's latest Form D, filed Sep 13, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Operand IV Fund LP?
Operand IV Fund 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 Operand IV Fund LP raised?
Operand IV Fund LP reports $32,925,000 sold from 55 investors on its Form D filed Sep 13, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Operand IV Fund LP based?
Operand IV Fund LP is based in Barrington, Illinois.
When did Operand IV Fund LP launch?
Operand IV Fund LP reports its first sale in Aug 2023.
Size compared with every private equity fund
Raised more than 64% of the 479 private equity funds based in Illinois, and more than 58% of all 8,950 that report sales.