SEP Pillars59, LP is a private equity fund based in Houston, Texas. According to its most recent Form D, filed Mar 23, 2021, it has sold $5,590,000 of interests to 55 investors since its first sale in Mar 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Sage Equity Partners GP II, LLC; William Junell.
- Total raised
- $5,590,000Cumulative sales reported on Form D
- Investors
- 55
- First sale
- Mar 12, 2021
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Sage Equity Partners GP II, LLC; William Junell
- Latest Form D
- Mar 23, 2021
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 Pillars59, LP
What is the minimum investment for SEP Pillars59, LP?
SEP Pillars59, LP's latest Form D, filed Mar 23, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SEP Pillars59, LP?
SEP Pillars59, LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has SEP Pillars59, LP raised?
SEP Pillars59, LP reports $5,590,000 sold from 55 investors on its Form D filed Mar 23, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is SEP Pillars59, LP based?
SEP Pillars59, LP is based in Houston, Texas.
When did SEP Pillars59, LP launch?
SEP Pillars59, LP reports its first sale in Mar 2021.
Size compared with every private equity fund
Raised more than 62% of the 1,403 private equity funds based in Texas, and more than 36% of all 8,950 that report sales.