Sierra Parent LP
Sierra Parent LP is a securitized asset fund organized in Delaware, United States and advised by Blackstone Asset Based Finance Advisors LP. Its adviser reported $42,522,635 in gross assets for the fund on Form ADV, filed Oct 23, 2024. It reported 7 beneficial owners. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $42,522,635As reported on Form ADV
- Beneficial owners
- 7
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Securitized asset fund
- Domicile
- Delaware, United States
- Auditor
- Deloitte & Touche LLP
- Administrator
- Citco
- Custodian
- The Bank of New York Mellon
- Adviser
- Blackstone Asset Based Finance Advisors LP · New York, NY · CRD 120934
- Reported on
- Oct 23, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Sierra Parent LP
What is the minimum investment for Sierra Parent LP?
Its adviser's Form ADV, filed Oct 23, 2024, does not set a minimum investment for Sierra Parent LP. The offering documents may still require one.
Who can invest in Sierra Parent LP?
Sierra Parent 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).
How large is Sierra Parent LP?
Its adviser reported $42,522,635 in gross assets on Form ADV filed Oct 23, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Sierra Parent LP?
Sierra Parent LP is advised by Blackstone Asset Based Finance Advisors LP, based in New York, NY.
Who are Sierra Parent LP's service providers?
Its Form ADV lists Deloitte & Touche LLP as auditor and Citco as administrator.