AltMountain

WestCap Loanpal, LLC

Status: no Form D since Feb 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

WestCap Loanpal, LLC is a private investment fund based in San Francisco, California. According to its most recent Form D, filed Feb 9, 2021, it has sold $87,025,000 of interests to 1 investor 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 WestCap Strategic Operator Fund, L.P; WestCap Strategic Operator Fund GP, Limited; Laurence Tosi.

Total raised
$87,025,000Cumulative sales reported on Form D
Investors
1
First sale
Dec 21, 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
WestCap Strategic Operator Fund, L.P; WestCap Strategic Operator Fund GP, Limited; Laurence Tosi
Latest Form D
Feb 9, 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 WestCap Loanpal, LLC

What is the minimum investment for WestCap Loanpal, LLC?

WestCap Loanpal, LLC's latest Form D, filed Feb 9, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in WestCap Loanpal, LLC?

WestCap Loanpal, LLC 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 WestCap Loanpal, LLC raised?

WestCap Loanpal, LLC reports $87,025,000 sold from 1 investor on its Form D filed Feb 9, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is WestCap Loanpal, LLC based?

WestCap Loanpal, LLC is based in San Francisco, California.

When did WestCap Loanpal, LLC launch?

WestCap Loanpal, LLC reports its first sale in Dec 2020.

Size compared with every private investment fund

Raised more than 80% of the 1,719 private investment funds based in California, and more than 69% of all 10,266 that report sales.

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