Parplus Equity Fund, LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed May 10, 2019, the fund has sold $68,700,000 of interests to 22 investors since its first sale in May 2017. 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. Related persons named in the filing include Parplus Management LLC; Parplus Partners LLC.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $68,700,000Cumulative sales reported on Form D
- Investors
- 22
- First sale
- May 1, 2017
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- Over $100,000,000Self-reported
- Key people and entities
- Parplus Management LLC; Parplus Partners LLC
- Latest Form D
- May 10, 2019
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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Parplus Equity Fund, LLC
What is the minimum investment for Parplus Equity Fund, LLC?
Parplus Equity Fund, LLC's latest Form D, filed May 10, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Parplus Equity Fund, LLC?
Parplus Equity Fund, 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 Parplus Equity Fund, LLC raised?
Parplus Equity Fund, LLC reports $68,700,000 sold from 22 investors on its Form D filed May 10, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Parplus Equity Fund, LLC based?
Parplus Equity Fund, LLC is based in New York, New York.
When did Parplus Equity Fund, LLC launch?
Parplus Equity Fund, LLC reports its first sale in May 2017.
Size compared with every hedge fund
Raised more than 48% of the 2,524 hedge funds based in New York, and more than 51% of all 10,128 that report sales.