Persian Road I, LP is a private investment fund based in Stuart, Florida. According to its most recent Form D, filed Mar 12, 2025, it has sold $18,450,000 of interests to 51 investors since its first sale in Mar 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Milfam GP, LLC; Neil Subin; Skyler Wichers.
- Total raised
- $18,450,000Cumulative sales reported on Form D
- Investors
- 51
- First sale
- Mar 1, 2025
- 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
- Milfam GP, LLC; Neil Subin; Skyler Wichers
- Latest Form D
- Mar 12, 2025
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 Persian Road I, LP
What is the minimum investment for Persian Road I, LP?
Persian Road I, LP's latest Form D, filed Mar 12, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Persian Road I, LP?
Persian Road I, 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 Persian Road I, LP raised?
Persian Road I, LP reports $18,450,000 sold from 51 investors on its Form D filed Mar 12, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Persian Road I, LP based?
Persian Road I, LP is based in Stuart, Florida.
When did Persian Road I, LP launch?
Persian Road I, LP reports its first sale in Mar 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 77% of the 868 private investment funds based in Florida, and more than 50% of all 10,333 that report sales.