PLP Drawdown, LP
PLP Drawdown, LP is a hedge fund organized in Delaware, United States and advised by Pleasant Lake Partners LLC. Its adviser reported $21,710,663 in gross assets for the fund on Form ADV, filed Mar 28, 2024. It reported 2 beneficial owners. The minimum investment it accepts is $2,500,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $21,710,663As reported on Form ADV
- Beneficial owners
- 2
- Minimum investment
- $2,500,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Hedge fund
- Domicile
- Delaware, United States
- Auditor
- Spicer Jeffries LLP
- Administrator
- Opus Fund Services
- Prime broker
- J.P. Morgan Securities LLC
- Custodian
- First Republic Bank; J.P. Morgan Securities LLC
- Adviser
- Pleasant Lake Partners LLC · Rincon, PR · CRD 304281
- Reported on
- Mar 28, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about PLP Drawdown, LP
What is the minimum investment for PLP Drawdown, LP?
According to its adviser's Form ADV filed Mar 28, 2024, the minimum investment PLP Drawdown, LP accepts is $2,500,000.
Who can invest in PLP Drawdown, LP?
PLP Drawdown, 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).
How large is PLP Drawdown, LP?
Its adviser reported $21,710,663 in gross assets on Form ADV filed Mar 28, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages PLP Drawdown, LP?
PLP Drawdown, LP is advised by Pleasant Lake Partners LLC, based in Rincon, PR.
Who are PLP Drawdown, LP's service providers?
Its Form ADV lists Spicer Jeffries LLP as auditor and Opus Fund Services as administrator.