Valet Opportunity LP
Valet Opportunity LP is a private equity fund based in San Francisco, California. According to its most recent Form D, filed Dec 28, 2020, it has sold $49,000,000 of interests 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 Richard Magnuson; David Smolen.
- Total raised
- $49,000,000Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Dec 23, 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
- Richard Magnuson; David Smolen
- Latest Form D
- Dec 28, 2020
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 Valet Opportunity LP
What is the minimum investment for Valet Opportunity LP?
Valet Opportunity LP's latest Form D, filed Dec 28, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Valet Opportunity LP?
Valet Opportunity 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 Valet Opportunity LP raised?
Valet Opportunity LP reports $49,000,000 sold on its Form D filed Dec 28, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Valet Opportunity LP based?
Valet Opportunity LP is based in San Francisco, California.
When did Valet Opportunity LP launch?
Valet Opportunity LP reports its first sale in Dec 2020.
Size compared with every private equity fund
Raised more than 82% of the 1,745 private equity funds based in California, and more than 63% of all 8,918 that report sales.