Pennybacker EIV, LP is a private equity fund based in Austin, Texas. According to its most recent Form D, filed Feb 2, 2021, it has sold $274,972,500 of interests to 37 investors since its first sale in Oct 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 Pennybacker EIV GP, LLC.
- Total raised
- $274,972,500Cumulative sales reported on Form D
- Investors
- 37
- First sale
- Oct 25, 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
- Pennybacker EIV GP, LLC
- Latest Form D
- Feb 2, 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 Pennybacker EIV, LP
What is the minimum investment for Pennybacker EIV, LP?
According to its latest Form D, filed Feb 2, 2021, the minimum investment Pennybacker EIV, LP accepts from an outside investor is $100,000.
Who can invest in Pennybacker EIV, LP?
Pennybacker EIV, 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 Pennybacker EIV, LP raised?
Pennybacker EIV, LP reports $274,972,500 sold from 37 investors on its Form D filed Feb 2, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Pennybacker EIV, LP based?
Pennybacker EIV, LP is based in Austin, Texas.
When did Pennybacker EIV, LP launch?
Pennybacker EIV, LP reports its first sale in Oct 2019.
Size compared with every private equity fund
Raised more than 93% of the 1,407 private equity funds based in Texas, and more than 84% of all 8,864 that report sales.