RCP Fund XI, LP is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed May 3, 2017, it has sold $315,035,000 of interests to 174 investors since its first sale in Apr 2016. The minimum investment it accepts from an outside investor is $500,000. 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 Thomas Danis, Jr; Advisors 2, LLC RCP; Jon Madorsky.
- Total raised
- $315,035,000Cumulative sales reported on Form D
- Investors
- 174
- First sale
- Apr 29, 2016
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Thomas Danis, Jr; Advisors 2, LLC RCP; Jon Madorsky
- Latest Form D
- May 3, 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 RCP Fund XI, LP
What is the minimum investment for RCP Fund XI, LP?
According to its latest Form D, filed May 3, 2017, the minimum investment RCP Fund XI, LP accepts from an outside investor is $500,000.
Who can invest in RCP Fund XI, LP?
RCP Fund XI, 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). It uses Rule 506(b), which does not allow general advertising.
How much has RCP Fund XI, LP raised?
RCP Fund XI, LP reports $315,035,000 sold from 174 investors on its Form D filed May 3, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is RCP Fund XI, LP based?
RCP Fund XI, LP is based in Chicago, Illinois.
When did RCP Fund XI, LP launch?
RCP Fund XI, LP reports its first sale in Apr 2016.
Size compared with every private equity fund
Raised more than 82% of the 479 private equity funds based in Illinois, and more than 86% of all 8,950 that report sales.