Pennybacker IV, LP is a private equity fund based in Austin, Texas. According to its most recent Form D, filed Oct 24, 2017, it has sold $390,635,000 of interests to 88 investors since its first sale in Oct 2016. 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 IV GP, LLC.
- Total raised
- $390,635,000Cumulative sales reported on Form D
- Investors
- 88
- First sale
- Oct 13, 2016
- 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 IV GP, LLC
- Latest Form D
- Oct 24, 2017
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 IV, LP
What is the minimum investment for Pennybacker IV, LP?
According to its latest Form D, filed Oct 24, 2017, the minimum investment Pennybacker IV, LP accepts from an outside investor is $100,000.
Who can invest in Pennybacker IV, LP?
Pennybacker IV, 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 IV, LP raised?
Pennybacker IV, LP reports $390,635,000 sold from 88 investors on its Form D filed Oct 24, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Pennybacker IV, LP based?
Pennybacker IV, LP is based in Austin, Texas.
When did Pennybacker IV, LP launch?
Pennybacker IV, LP reports its first sale in Oct 2016.
Size compared with every private equity fund
Raised more than 94% of the 1,403 private equity funds based in Texas, and more than 88% of all 8,950 that report sales.