PA Capital Direct LLC is a private equity fund based in Richmond, Virginia. According to its most recent Form D, filed Jun 24, 2021, it has sold $23,650,000 of interests to 21 investors since its first sale in Jun 2019. The minimum investment it accepts from an outside investor is $1,000,000. 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 Pacd Mm, LLC; Christopher Stringer; Gregory Ciaverelli.
- Total raised
- $23,650,000Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Jun 30, 2019
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Pacd Mm, LLC; Christopher Stringer; Gregory Ciaverelli
- Latest Form D
- Jun 24, 2021
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 PA Capital Direct LLC
What is the minimum investment for PA Capital Direct LLC?
According to its latest Form D, filed Jun 24, 2021, the minimum investment PA Capital Direct LLC accepts from an outside investor is $1,000,000.
Who can invest in PA Capital Direct LLC?
PA Capital Direct LLC 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 PA Capital Direct LLC raised?
PA Capital Direct LLC reports $23,650,000 sold from 21 investors on its Form D filed Jun 24, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is PA Capital Direct LLC based?
PA Capital Direct LLC is based in Richmond, Virginia.
When did PA Capital Direct LLC launch?
PA Capital Direct LLC reports its first sale in Jun 2019.
Size compared with every private equity fund
Raised more than 85% of the 205 private equity funds based in Virginia, and more than 54% of all 8,950 that report sales.