Tidal Permian LP is an energy fund based in Schertz, Texas. According to its most recent Form D, filed Nov 19, 2024, it has sold $243,750 of interests to 3 investors since its first sale in Nov 2024. The minimum investment it accepts from an outside investor is $40,625. 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 Jeffery Schrantz; Lee Novikoff.
- Total raised
- $243,750Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Nov 13, 2024
- Minimum investment
- $40,625
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jeffery Schrantz; Lee Novikoff
- Latest Form D
- Nov 19, 2024
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 Tidal Permian LP
What is the minimum investment for Tidal Permian LP?
According to its latest Form D, filed Nov 19, 2024, the minimum investment Tidal Permian LP accepts from an outside investor is $40,625.
Who can invest in Tidal Permian LP?
Tidal Permian LP is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Tidal Permian LP raised?
Tidal Permian LP reports $243,750 sold from 3 investors on its Form D filed Nov 19, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Tidal Permian LP based?
Tidal Permian LP is based in Schertz, Texas.
When did Tidal Permian LP launch?
Tidal Permian LP reports its first sale in Nov 2024, 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 energy fund
Raised more than 53% of the 348 energy funds based in Texas, and more than 17% of all 334 that report sales.