Prep III LP is a private investment fund based in George Town, Grand Cayman, Cayman Islands. Its most recent Form D, filed Jun 26, 2023, reports no sales yet. 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 PREP GP III Limited.
- Total raised
- $0Cumulative sales reported on Form D
- Investors
- 0
- First sale
- —
- 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
- PREP GP III Limited
- Latest Form D
- Jun 26, 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 Prep III LP
What is the minimum investment for Prep III LP?
Prep III LP's latest Form D, filed Jun 26, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Prep III LP?
Prep III 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). It uses Rule 506(b), which does not allow general advertising.
How much has Prep III LP raised?
Prep III LP's latest Form D, filed Jun 26, 2023, reports no sales yet.
Where is Prep III LP based?
Prep III LP is based in George Town, Grand Cayman, Cayman Islands.
Size compared with every private investment fund
This fund hasn't reported any sales yet.