AltMountain

Prophet EBO Opportunities LP

Austin, TX · CIK 1826033 · Sponsor: Prophet Asset Management LLC
Status: no Form D since Sep 2020. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Prophet EBO Opportunities LP is a private investment fund based in Austin, Texas. According to its most recent Form D, filed Sep 28, 2020, it has sold $140,182,000 of interests to 16 investors since its first sale in Sep 2020. The minimum investment it accepts from an outside investor is $100,000. 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 Robert Epstein; David Rosenblum; Prophet Asset Management LLC.

Total raised
$140,182,000Cumulative sales reported on Form D
Investors
16
First sale
Sep 15, 2020
Minimum investment
$100,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Robert Epstein; David Rosenblum; Prophet Asset Management LLC
Latest Form D
Sep 28, 2020

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 Prophet EBO Opportunities LP

What is the minimum investment for Prophet EBO Opportunities LP?

According to its latest Form D, filed Sep 28, 2020, the minimum investment Prophet EBO Opportunities LP accepts from an outside investor is $100,000.

Who can invest in Prophet EBO Opportunities LP?

Prophet EBO Opportunities 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 Prophet EBO Opportunities LP raised?

Prophet EBO Opportunities LP reports $140,182,000 sold from 16 investors on its Form D filed Sep 28, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Prophet EBO Opportunities LP based?

Prophet EBO Opportunities LP is based in Austin, Texas.

When did Prophet EBO Opportunities LP launch?

Prophet EBO Opportunities LP reports its first sale in Sep 2020.

Size compared with every private investment fund

Raised more than 83% of the 879 private investment funds based in Texas, and more than 75% of all 10,287 that report sales.

Other programs from Prophet Asset Management LLC

All 5 funds from this sponsor

More private investment funds in Austin

Similar-size private investment funds in Texas

All private investment funds in Texas