RCPDirect III, LP is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Apr 10, 2019, it has sold $385,000,000 of interests to 271 investors since its first sale in Apr 2018. 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 William Souder; David McCoy; Jon Madorsky.
- Total raised
- $385,000,000Cumulative sales reported on Form D
- Investors
- 271
- First sale
- Apr 30, 2018
- 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
- William Souder; David McCoy; Jon Madorsky
- Latest Form D
- Apr 10, 2019
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 RCPDirect III, LP
What is the minimum investment for RCPDirect III, LP?
According to its latest Form D, filed Apr 10, 2019, the minimum investment RCPDirect III, LP accepts from an outside investor is $1,000,000.
Who can invest in RCPDirect III, LP?
RCPDirect III, 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 RCPDirect III, LP raised?
RCPDirect III, LP reports $385,000,000 sold from 271 investors on its Form D filed Apr 10, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is RCPDirect III, LP based?
RCPDirect III, LP is based in Chicago, Illinois.
When did RCPDirect III, LP launch?
RCPDirect III, LP reports its first sale in Apr 2018.
Size compared with every private equity fund
Raised more than 84% of the 482 private equity funds based in Illinois, and more than 88% of all 8,896 that report sales.