Pennybacker V, LP is a private equity fund based in Austin, Texas. According to its most recent Form D, filed Jul 15, 2019, it has sold $700,000,000 of interests to 56 investors since its first sale in Jul 2019. The minimum investment it accepts from an outside investor is $300,000. 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 V GP, LLC.
- Total raised
- $700,000,000Cumulative sales reported on Form D
- Investors
- 56
- First sale
- Jul 1, 2019
- Minimum investment
- $300,000
- 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 V GP, LLC
- Latest Form D
- Jul 15, 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. 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 V, LP
What is the minimum investment for Pennybacker V, LP?
According to its latest Form D, filed Jul 15, 2019, the minimum investment Pennybacker V, LP accepts from an outside investor is $300,000.
Who can invest in Pennybacker V, LP?
Pennybacker V, 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 V, LP raised?
Pennybacker V, LP reports $700,000,000 sold from 56 investors on its Form D filed Jul 15, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Pennybacker V, LP based?
Pennybacker V, LP is based in Austin, Texas.
When did Pennybacker V, LP launch?
Pennybacker V, LP reports its first sale in Jul 2019.
Size compared with every private equity fund
Raised more than 96% of the 1,401 private equity funds based in Texas, and more than 92% of all 8,883 that report sales.