PEP Ovation, LP is a private equity fund based in Houston, Texas. According to its most recent Form D, filed Apr 4, 2022, it has sold $25,000,000 of interests to 39 investors since its first sale in Sep 2021. 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 Pickering Energy Partners LP; PEP Ovation GP, LLC; Robert Mills.
- Total raised
- $25,000,000Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Sep 30, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Pickering Energy Partners LP; PEP Ovation GP, LLC; Robert Mills
- Latest Form D
- Apr 4, 2022
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 PEP Ovation, LP
What is the minimum investment for PEP Ovation, LP?
PEP Ovation, LP's latest Form D, filed Apr 4, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in PEP Ovation, LP?
PEP Ovation, 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 PEP Ovation, LP raised?
PEP Ovation, LP reports $25,000,000 sold from 39 investors on its Form D filed Apr 4, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is PEP Ovation, LP based?
PEP Ovation, LP is based in Houston, Texas.
When did PEP Ovation, LP launch?
PEP Ovation, LP reports its first sale in Sep 2021.
Size compared with every private equity fund
Raised more than 75% of the 1,407 private equity funds based in Texas, and more than 54% of all 8,888 that report sales.