Power Fund LLC is a private equity fund based in San Juan, Puerto Rico. According to its most recent Form D, filed Jan 22, 2025, it has sold $10,000,000 of interests to 3 investors since its first sale in Nov 2022. 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 Enrique Gonzalez.
- Total raised
- $10,000,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Nov 16, 2022
- 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
- Enrique Gonzalez
- Latest Form D
- Jan 22, 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 Power Fund LLC
What is the minimum investment for Power Fund LLC?
Power Fund LLC's latest Form D, filed Jan 22, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Power Fund LLC?
Power Fund LLC 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 Power Fund LLC raised?
Power Fund LLC reports $10,000,000 sold from 3 investors on its Form D filed Jan 22, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Power Fund LLC based?
Power Fund LLC is based in San Juan, Puerto Rico.
When did Power Fund LLC launch?
Power Fund LLC reports its first sale in Nov 2022, 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 equity fund
Raised more than 65% of the 162 private equity funds based in Puerto Rico, and more than 42% of all 9,159 that report sales.