Prophet Equity LP
Prophet Equity LP is a private equity fund organized in Delaware, United States and advised by Prophet Equity Management LLC. Its adviser reported $61,060,184 in gross assets for the fund on Form ADV, filed Mar 30, 2024. It reported 32 beneficial owners, about 62% of it owned by non-U.S. persons. The minimum investment it accepts is $5,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $61,060,184As reported on Form ADV
- Beneficial owners
- 32
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Private equity fund
- Domicile
- Delaware, United States
- Auditor
- BDO USA, LLP
- Adviser
- Prophet Equity Management LLC · Southlake, TX · CRD 163214
- Reported on
- Mar 30, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Prophet Equity LP
What is the minimum investment for Prophet Equity LP?
According to its adviser's Form ADV filed Mar 30, 2024, the minimum investment Prophet Equity LP accepts is $5,000,000.
Who can invest in Prophet Equity LP?
Prophet Equity 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).
How large is Prophet Equity LP?
Its adviser reported $61,060,184 in gross assets on Form ADV filed Mar 30, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Prophet Equity LP?
Prophet Equity LP is advised by Prophet Equity Management LLC, based in Southlake, TX.
Who are Prophet Equity LP's service providers?
Its Form ADV lists BDO USA, LLP as auditor.