Preferred Return Managers, L.P. is a private equity fund based in Palo Alto, California. According to its most recent Form D, filed Sep 22, 2010, it has sold $6,010,000 of interests to 1 investor since its first sale in Sep 2009. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include SVB Growth Investors, LLC; Sven Weber; Aaron Gershenberg.
- Total raised
- $6,010,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Sep 10, 2009
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- SVB Growth Investors, LLC; Sven Weber; Aaron Gershenberg
- Latest Form D
- Sep 22, 2010
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 Preferred Return Managers, L.P.
What is the minimum investment for Preferred Return Managers, L.P.?
Preferred Return Managers, L.P.'s latest Form D, filed Sep 22, 2010, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Preferred Return Managers, L.P.?
Preferred Return Managers, L.P. 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 much has Preferred Return Managers, L.P. raised?
Preferred Return Managers, L.P. reports $6,010,000 sold from 1 investor on its Form D filed Sep 22, 2010. This is cumulative sales since the offering began, not current assets or performance.
Where is Preferred Return Managers, L.P. based?
Preferred Return Managers, L.P. is based in Palo Alto, California.
When did Preferred Return Managers, L.P. launch?
Preferred Return Managers, L.P. reports its first sale in Sep 2009.
Size compared with every private equity fund
Raised more than 62% of the 1,738 private equity funds based in California, and more than 37% of all 8,888 that report sales.