Parallel 2005 Equity Fund, LP
Parallel 2005 Equity Fund, LP is a private equity fund organized in Delaware, United States and advised by Parallel Investment Partners, LLC. Its adviser reported $21,239,944 in gross assets for the fund on Form ADV, filed Mar 26, 2024. It reported 26 beneficial owners, about 29% of it owned by non-U.S. persons. The minimum investment it accepts is $1,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $21,239,944As reported on Form ADV
- Beneficial owners
- 26
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Private equity fund
- Domicile
- Delaware, United States
- Auditor
- BDO USA LLP
- Administrator
- Ss&c Technologies, Inc.
- Custodian
- Maplemark Bank; Citbank, N.A.
- Adviser
- Parallel Investment Partners, LLC · Dallas, TX · CRD 160683
- Reported on
- Mar 26, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Parallel 2005 Equity Fund, LP
What is the minimum investment for Parallel 2005 Equity Fund, LP?
According to its adviser's Form ADV filed Mar 26, 2024, the minimum investment Parallel 2005 Equity Fund, LP accepts is $1,000,000.
Who can invest in Parallel 2005 Equity Fund, LP?
Parallel 2005 Equity Fund, LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How large is Parallel 2005 Equity Fund, LP?
Its adviser reported $21,239,944 in gross assets on Form ADV filed Mar 26, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Parallel 2005 Equity Fund, LP?
Parallel 2005 Equity Fund, LP is advised by Parallel Investment Partners, LLC, based in Dallas, TX.
Who are Parallel 2005 Equity Fund, LP's service providers?
Its Form ADV lists BDO USA LLP as auditor and Ss&c Technologies, Inc. as administrator.