Power of N Fund 1 LP is a private equity fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jan 14, 2025, it has sold $6,824,998 of interests to 17 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 Nicole Farb.
- Total raised
- $6,824,998Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Nov 4, 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
- Nicole Farb
- Latest Form D
- Jan 14, 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 of N Fund 1 LP
What is the minimum investment for Power of N Fund 1 LP?
Power of N Fund 1 LP's latest Form D, filed Jan 14, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Power of N Fund 1 LP?
Power of N Fund 1 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 Power of N Fund 1 LP raised?
Power of N Fund 1 LP reports $6,824,998 sold from 17 investors on its Form D filed Jan 14, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Power of N Fund 1 LP based?
Power of N Fund 1 LP is based in Grand Cayman, Cayman Islands.
When did Power of N Fund 1 LP launch?
Power of N Fund 1 LP 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 45% of the 350 private equity funds based in Cayman Islands, and more than 38% of all 9,142 that report sales.