Prospect Capital L.P. is a private equity fund based in Tortola, Virgin Islands, British. According to its most recent Form D, filed Jun 3, 2022, it has sold $1,011,440 of interests to 1 investor since its first sale in May 2022. The minimum investment it accepts from an outside investor is $1,011,440. 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 Bing YUAN; Brian Hongdi GU.
- Total raised
- $1,011,440Cumulative sales reported on Form D
- Investors
- 1
- First sale
- May 20, 2022
- Minimum investment
- $1,011,440
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Bing YUAN; Brian Hongdi GU
- Latest Form D
- Jun 3, 2022
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 Prospect Capital L.P.
What is the minimum investment for Prospect Capital L.P.?
According to its latest Form D, filed Jun 3, 2022, the minimum investment Prospect Capital L.P. accepts from an outside investor is $1,011,440.
Who can invest in Prospect Capital L.P.?
Prospect Capital 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). It uses Rule 506(b), which does not allow general advertising.
How much has Prospect Capital L.P. raised?
Prospect Capital L.P. reports $1,011,440 sold from 1 investor on its Form D filed Jun 3, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Prospect Capital L.P. based?
Prospect Capital L.P. is based in Tortola, Virgin Islands, British.
When did Prospect Capital L.P. launch?
Prospect Capital L.P. reports its first sale in May 2022.
Size compared with every private equity fund
Raised more than 91% of the 309 private equity funds based in Virgin Islands, British, and more than 21% of all 8,950 that report sales.