OTV Allocate, L.P.
OTV Allocate, L.P. is a private equity fund based in Menlo Park, California. According to its most recent Form D, filed Oct 28, 2024, it has sold $5,000,000 of interests to 1 investor since its first sale in Oct 2024. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Allocate Master SVP GP 1, LLC; Allocate Management Company, LLC; Saul Cardenas.
- Total raised
- $5,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Oct 17, 2024
- 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
- Allocate Master SVP GP 1, LLC; Allocate Management Company, LLC; Saul Cardenas
- Latest Form D
- Oct 28, 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 OTV Allocate, L.P.
What is the minimum investment for OTV Allocate, L.P.?
OTV Allocate, L.P.'s latest Form D, filed Oct 28, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in OTV Allocate, L.P.?
OTV Allocate, 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 OTV Allocate, L.P. raised?
OTV Allocate, L.P. reports $5,000,000 sold from 1 investor on its Form D filed Oct 28, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is OTV Allocate, L.P. based?
OTV Allocate, L.P. is based in Menlo Park, California and is managed by Allocate Management Company, LLC.
When did OTV Allocate, L.P. launch?
OTV Allocate, L.P. reports its first sale in Oct 2024, 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 equity fund
Raised more than 60% of the 1,777 private equity funds based in California, and more than 34% of all 9,142 that report sales.