Pala Fund LP
Pala Fund LP is a private equity fund based in Traverse City, Michigan. According to its most recent Form D, filed Jan 13, 2023, it has sold $2,400,000 of interests to 1 investor since its first sale in Apr 2022. 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 Adam Weinrich; Dandan Zhu.
- Total raised
- $2,400,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Apr 1, 2022
- 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
- Adam Weinrich; Dandan Zhu
- Latest Form D
- Jan 13, 2023
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 Pala Fund LP
What is the minimum investment for Pala Fund LP?
Pala Fund LP's latest Form D, filed Jan 13, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Pala Fund LP?
Pala 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 Pala Fund LP raised?
Pala Fund LP reports $2,400,000 sold from 1 investor on its Form D filed Jan 13, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Pala Fund LP based?
Pala Fund LP is based in Traverse City, Michigan.
When did Pala Fund LP launch?
Pala Fund LP reports its first sale in Apr 2022.
Size compared with every private equity fund
Raised more than 46% of the 87 private equity funds based in Michigan, and more than 28% of all 8,896 that report sales.