Develop-DC, LP
Develop-DC, LP is a private equity fund based in Plymouth Meeting, Pennsylvania. According to its most recent Form D, filed Jan 10, 2013, it has sold $35,500,000 of interests to 6 investors since its first sale in Sep 2012. The minimum investment it accepts from an outside investor is $5,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include Paul Gilbert; Paul Doocy; Michael Flynn.
- Total raised
- $35,500,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Sep 1, 2012
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- Paul Gilbert; Paul Doocy; Michael Flynn
- Latest Form D
- Jan 10, 2013
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 Develop-DC, LP
What is the minimum investment for Develop-DC, LP?
According to its latest Form D, filed Jan 10, 2013, the minimum investment Develop-DC, LP accepts from an outside investor is $5,000,000.
Who can invest in Develop-DC, LP?
Develop-DC, 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).
How much has Develop-DC, LP raised?
Develop-DC, LP reports $35,500,000 sold from 6 investors on its Form D filed Jan 10, 2013. This is cumulative sales since the offering began, not current assets or performance.
Where is Develop-DC, LP based?
Develop-DC, LP is based in Plymouth Meeting, Pennsylvania.
When did Develop-DC, LP launch?
Develop-DC, LP reports its first sale in Sep 2012.
Size compared with every private equity fund
Raised more than 64% of the 261 private equity funds based in Pennsylvania, and more than 59% of all 8,842 that report sales.