Transitions Acquisition, LP
Transitions Acquisition, LP is a private equity fund based in Birmingham, Michigan. According to its most recent Form D, filed Jan 8, 2021, it has sold $24,500,000 of interests to 2 investors since its first sale in Dec 2020. The filing does not set a minimum investment. 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 Jordan Broome; David Berman; Lorient Transitions, LLC.
- Total raised
- $24,500,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Dec 31, 2020
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jordan Broome; David Berman; Lorient Transitions, LLC
- Latest Form D
- Jan 8, 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 Transitions Acquisition, LP
What is the minimum investment for Transitions Acquisition, LP?
Transitions Acquisition, LP's latest Form D, filed Jan 8, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Transitions Acquisition, LP?
Transitions Acquisition, 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 Transitions Acquisition, LP raised?
Transitions Acquisition, LP reports $24,500,000 sold from 2 investors on its Form D filed Jan 8, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Transitions Acquisition, LP based?
Transitions Acquisition, LP is based in Birmingham, Michigan.
When did Transitions Acquisition, LP launch?
Transitions Acquisition, LP reports its first sale in Dec 2020.
Size compared with every private equity fund
Raised more than 74% of the 87 private equity funds based in Michigan, and more than 54% of all 8,889 that report sales.