Prospect Partners V, L.P.
Prospect Partners V, L.P. is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Oct 10, 2024, it has sold $225,000,000 of interests to 46 investors since its first sale in May 2024. 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 Erik Maurer; Prospect Partners V GP, L.P; Prospect Partners Advisors, LLC.
- Total raised
- $225,000,000Cumulative sales reported on Form D
- Investors
- 46
- First sale
- May 31, 2024
- 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
- Erik Maurer; Prospect Partners V GP, L.P; Prospect Partners Advisors, LLC
- Latest Form D
- Oct 10, 2024
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 Partners V, L.P.
What is the minimum investment for Prospect Partners V, L.P.?
Prospect Partners V, L.P.'s latest Form D, filed Oct 10, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Prospect Partners V, L.P.?
Prospect Partners V, 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 Partners V, L.P. raised?
Prospect Partners V, L.P. reports $225,000,000 sold from 46 investors on its Form D filed Oct 10, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Prospect Partners V, L.P. based?
Prospect Partners V, L.P. is based in Chicago, Illinois and is managed by Prospect Partners Advisors LLC.
When did Prospect Partners V, L.P. launch?
Prospect Partners V, L.P. reports its first sale in May 2024.
Size compared with every private equity fund
Raised more than 79% of the 491 private equity funds based in Illinois, and more than 82% of all 9,142 that report sales.