Ace5 LLC is a private equity fund based in New York, New York. According to its most recent Form D, filed May 14, 2026, it has sold $25,600,092 of interests to 6 investors since its first sale in May 2026. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include James Reynolds; Avenir Growth Managing Partner V LLC; Andrew Sugrue.
- Total raised
- $25,600,092Cumulative sales reported on Form D
- Investors
- 6
- First sale
- May 7, 2026
- 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
- James Reynolds; Avenir Growth Managing Partner V LLC; Andrew Sugrue
- Latest Form D
- May 14, 2026
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 Ace5 LLC
What is the minimum investment for Ace5 LLC?
Ace5 LLC's latest Form D, filed May 14, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Ace5 LLC?
Ace5 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 Ace5 LLC raised?
Ace5 LLC reports $25,600,092 sold from 6 investors on its Form D filed May 14, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Ace5 LLC based?
Ace5 LLC is based in New York, New York.
When did Ace5 LLC launch?
Ace5 LLC reports its first sale in May 2026, 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 private equity fund
Raised more than 65% of the 3,770 private equity funds based in New York, and more than 55% of all 9,142 that report sales.