AltMountain

SEP Formation 10 Dev, LP

Houston, TX · CIK 2021971
Status: no Form D since Jun 2024. 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 Formation 10 Dev, LP is a private equity fund based in Houston, Texas. According to its most recent Form D, filed Jun 18, 2024, it has sold $3,025,000 of interests to 23 investors since its first sale in Jun 2024. 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 VI, LLC; William Junell.

Total raised
$3,025,000Cumulative sales reported on Form D
Investors
23
First sale
Jun 13, 2024
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 VI, LLC; William Junell
Latest Form D
Jun 18, 2024

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 Formation 10 Dev, LP

What is the minimum investment for SEP Formation 10 Dev, LP?

SEP Formation 10 Dev, LP's latest Form D, filed Jun 18, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in SEP Formation 10 Dev, LP?

SEP Formation 10 Dev, 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 Formation 10 Dev, LP raised?

SEP Formation 10 Dev, LP reports $3,025,000 sold from 23 investors on its Form D filed Jun 18, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is SEP Formation 10 Dev, LP based?

SEP Formation 10 Dev, LP is based in Houston, Texas.

When did SEP Formation 10 Dev, LP launch?

SEP Formation 10 Dev, LP reports its first sale in Jun 2024.

Size compared with every private equity fund

Raised more than 56% of the 1,407 private equity funds based in Texas, and more than 30% of all 8,864 that report sales.

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