SEP Fry LP is a private equity fund based in Houston, Texas. According to its most recent Form D, filed May 11, 2026, it has sold $3,090,000 of interests to 17 investors since its first sale in Apr 2026. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include William Junell; Sage Equity Partners GP VII, LLC.
- Total raised
- $3,090,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Apr 29, 2026
- 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
- William Junell; Sage Equity Partners GP VII, LLC
- Latest Form D
- May 11, 2026
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 Fry LP
What is the minimum investment for SEP Fry LP?
SEP Fry LP's latest Form D, filed May 11, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SEP Fry LP?
SEP Fry 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 Fry LP raised?
SEP Fry LP reports $3,090,000 sold from 17 investors on its Form D filed May 11, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is SEP Fry LP based?
SEP Fry LP is based in Houston, Texas.
When did SEP Fry LP launch?
SEP Fry LP reports its first sale in Apr 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 56% of the 1,472 private equity funds based in Texas, and more than 30% of all 9,142 that report sales.