Permit Capital Telecom LP
Permit Capital Telecom LP is a private equity fund based in West Conshohocken, Pennsylvania. According to its most recent Form D, filed Mar 26, 2024, it has sold $66,439,160 of interests to 21 investors since its first sale in Nov 2002. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Richard Worley; John Broderick; Jim Barossi.
- Total raised
- $66,439,160Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Nov 14, 2002
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Richard Worley; John Broderick; Jim Barossi
- Latest Form D
- Mar 26, 2024
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 Permit Capital Telecom LP
What is the minimum investment for Permit Capital Telecom LP?
Permit Capital Telecom LP's latest Form D, filed Mar 26, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Permit Capital Telecom LP?
Permit Capital Telecom LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Permit Capital Telecom LP raised?
Permit Capital Telecom LP reports $66,439,160 sold from 21 investors on its Form D filed Mar 26, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Permit Capital Telecom LP based?
Permit Capital Telecom LP is based in West Conshohocken, Pennsylvania.
When did Permit Capital Telecom LP launch?
Permit Capital Telecom LP reports its first sale in Nov 2002.
Size compared with every private equity fund
Raised more than 77% of the 261 private equity funds based in Pennsylvania, and more than 67% of all 8,842 that report sales.