Simmons Parallel Energy LP
Simmons Parallel Energy LP is a private equity fund organized in Guernsey and advised by Piper Sandler LTD. Its adviser reported $11,675,000 in gross assets for the fund on Form ADV, filed Mar 15, 2024. It reported 75 beneficial owners, about 86% of it owned by non-U.S. persons. The minimum investment it accepts is $1. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $11,675,000As reported on Form ADV
- Beneficial owners
- 75
- Minimum investment
- $1
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Private equity fund
- Domicile
- Guernsey
- Auditor
- Deloitte LLP
- Administrator
- Aztec Financial Services (Guernsey) Limited
- Adviser
- Piper Sandler LTD. · Aberdeen, United Kingdom · CRD 163758
- Reported on
- Mar 15, 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 Simmons Parallel Energy LP
What is the minimum investment for Simmons Parallel Energy LP?
According to its adviser's Form ADV filed Mar 15, 2024, the minimum investment Simmons Parallel Energy LP accepts is $1.
Who can invest in Simmons Parallel Energy LP?
Simmons Parallel Energy 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 Simmons Parallel Energy LP?
Its adviser reported $11,675,000 in gross assets on Form ADV filed Mar 15, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Simmons Parallel Energy LP?
Simmons Parallel Energy LP is advised by Piper Sandler LTD., based in Aberdeen, United Kingdom.
Who are Simmons Parallel Energy LP's service providers?
Its Form ADV lists Deloitte LLP as auditor and Aztec Financial Services (Guernsey) Limited as administrator.