AltMountain

SEP Element BA LP

Houston, TX · CIK 1962618
Status: no Form D since Jan 2023. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

SEP Element BA LP is a private equity fund based in Houston, Texas. According to its most recent Form D, filed Jan 26, 2023, it has sold $4,720,000 of interests to 41 investors since its first sale in Jan 2023. 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 Sage Equity Partners GP IV, LLC; William Junell.

Total raised
$4,720,000Cumulative sales reported on Form D
Investors
41
First sale
Jan 19, 2023
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
Sage Equity Partners GP IV, LLC; William Junell
Latest Form D
Jan 26, 2023

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 SEP Element BA LP

What is the minimum investment for SEP Element BA LP?

SEP Element BA LP's latest Form D, filed Jan 26, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in SEP Element BA LP?

SEP Element BA 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 SEP Element BA LP raised?

SEP Element BA LP reports $4,720,000 sold from 41 investors on its Form D filed Jan 26, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is SEP Element BA LP based?

SEP Element BA LP is based in Houston, Texas.

When did SEP Element BA LP launch?

SEP Element BA LP reports its first sale in Jan 2023.

Size compared with every private equity fund

Raised more than 60% of the 1,407 private equity funds based in Texas, and more than 34% of all 8,888 that report sales.

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