Purchasing Power Parent, LLC is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Jan 17, 2017, it has sold $6,300,000 of interests to 6 investors since its first sale in Dec 2016. 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 Donald Edwards; Christopher Ackerman.
- Total raised
- $6,300,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Dec 1, 2016
- 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
- Donald Edwards; Christopher Ackerman
- Latest Form D
- Jan 17, 2017
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 Purchasing Power Parent, LLC
What is the minimum investment for Purchasing Power Parent, LLC?
Purchasing Power Parent, LLC's latest Form D, filed Jan 17, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Purchasing Power Parent, LLC?
Purchasing Power Parent, LLC 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 Purchasing Power Parent, LLC raised?
Purchasing Power Parent, LLC reports $6,300,000 sold from 6 investors on its Form D filed Jan 17, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Purchasing Power Parent, LLC based?
Purchasing Power Parent, LLC is based in Chicago, Illinois.
When did Purchasing Power Parent, LLC launch?
Purchasing Power Parent, LLC reports its first sale in Dec 2016.
Size compared with every private equity fund
Raised more than 53% of the 482 private equity funds based in Illinois, and more than 37% of all 8,888 that report sales.