Provident Corp is a private equity fund based in Stamford, Connecticut. According to its most recent Form D, filed Oct 15, 2021, it has sold $3,999,257 of interests to 3 investors since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $1,000,000. 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 Keith Stock.
- Total raised
- $3,999,257Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Oct 12, 2021
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Keith Stock
- Latest Form D
- Oct 15, 2021
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 Provident Corp
What is the minimum investment for Provident Corp?
According to its latest Form D, filed Oct 15, 2021, the minimum investment Provident Corp accepts from an outside investor is $1,000,000.
Who can invest in Provident Corp?
Provident Corp 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 Provident Corp raised?
Provident Corp reports $3,999,257 sold from 3 investors on its Form D filed Oct 15, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Provident Corp based?
Provident Corp is based in Stamford, Connecticut.
When did Provident Corp launch?
Provident Corp reports its first sale in Oct 2021.
Size compared with every private equity fund
Raised more than 44% of the 434 private equity funds based in Connecticut, and more than 32% of all 8,842 that report sales.