Patch Capital Partners Fund I, LP is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Sep 10, 2020, it has sold $34,170,000 of interests to 6 investors since its first sale in Feb 2019. The minimum investment it accepts from an outside investor is $100,000. 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 Adam Hitchcock; Jordan Breighner; Patch Capital Partners Fund I GP, LLC.
- Total raised
- $34,170,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Feb 8, 2019
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Adam Hitchcock; Jordan Breighner; Patch Capital Partners Fund I GP, LLC
- Latest Form D
- Sep 10, 2020
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 Patch Capital Partners Fund I, LP
What is the minimum investment for Patch Capital Partners Fund I, LP?
According to its latest Form D, filed Sep 10, 2020, the minimum investment Patch Capital Partners Fund I, LP accepts from an outside investor is $100,000.
Who can invest in Patch Capital Partners Fund I, LP?
Patch Capital Partners Fund I, 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). It uses Rule 506(b), which does not allow general advertising.
How much has Patch Capital Partners Fund I, LP raised?
Patch Capital Partners Fund I, LP reports $34,170,000 sold from 6 investors on its Form D filed Sep 10, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Patch Capital Partners Fund I, LP based?
Patch Capital Partners Fund I, LP is based in Chicago, Illinois.
When did Patch Capital Partners Fund I, LP launch?
Patch Capital Partners Fund I, LP reports its first sale in Feb 2019.
Size compared with every private equity fund
Raised more than 64% of the 479 private equity funds based in Illinois, and more than 58% of all 8,896 that report sales.