WestCap Loanpal, LLC
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.