ShoreCap III, LP is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Dec 11, 2019, it has sold $54,074,074 of interests to 5 investors since its first sale in Dec 2017. 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 ShoreCap III GP, Ltd; Equator Capital Partners LLC; Gyaneshwarnath Gowrea.
- Total raised
- $54,074,074Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Dec 13, 2017
- 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
- ShoreCap III GP, Ltd; Equator Capital Partners LLC; Gyaneshwarnath Gowrea
- Latest Form D
- Dec 11, 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 ShoreCap III, LP
What is the minimum investment for ShoreCap III, LP?
According to its latest Form D, filed Dec 11, 2019, the minimum investment ShoreCap III, LP accepts from an outside investor is $1,000,000.
Who can invest in ShoreCap III, LP?
ShoreCap 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 ShoreCap III, LP raised?
ShoreCap III, LP reports $54,074,074 sold from 5 investors on its Form D filed Dec 11, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is ShoreCap III, LP based?
ShoreCap III, LP is based in Chicago, Illinois.
When did ShoreCap III, LP launch?
ShoreCap III, LP reports its first sale in Dec 2017.
Size compared with every private equity fund
Raised more than 68% of the 482 private equity funds based in Illinois, and more than 65% of all 8,889 that report sales.