Planet Fitmex Parallel, LLC is a private equity fund based in Atlanta, Georgia. According to its most recent Form D, filed Nov 22, 2023, it has sold $28,605,000 of interests to 53 investors since its first sale in Nov 2023. 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 Karl Jaeger; Michael Klump; Bill Weimar.
- Total raised
- $28,605,000Cumulative sales reported on Form D
- Investors
- 53
- First sale
- Nov 8, 2023
- 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
- Karl Jaeger; Michael Klump; Bill Weimar
- Latest Form D
- Nov 22, 2023
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 Planet Fitmex Parallel, LLC
What is the minimum investment for Planet Fitmex Parallel, LLC?
Planet Fitmex Parallel, LLC's latest Form D, filed Nov 22, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Planet Fitmex Parallel, LLC?
Planet Fitmex Parallel, LLC 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 Planet Fitmex Parallel, LLC raised?
Planet Fitmex Parallel, LLC reports $28,605,000 sold from 53 investors on its Form D filed Nov 22, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Planet Fitmex Parallel, LLC based?
Planet Fitmex Parallel, LLC is based in Atlanta, Georgia.
When did Planet Fitmex Parallel, LLC launch?
Planet Fitmex Parallel, LLC reports its first sale in Nov 2023.
Size compared with every private equity fund
Raised more than 72% of the 123 private equity funds based in Georgia, and more than 56% of all 8,888 that report sales.