Gatsby Xios LLC is a private equity fund based in Austin, Texas. According to its most recent Form D, filed May 13, 2026, it has sold $49,999,988 of interests to 31 investors since its first sale in Apr 2026. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. 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 Duncan Penn; Gatsby Management LLC; Brian Chirigos.
- Total raised
- $49,999,988Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Apr 9, 2026
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Duncan Penn; Gatsby Management LLC; Brian Chirigos
- Latest Form D
- May 13, 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 Gatsby Xios LLC
What is the minimum investment for Gatsby Xios LLC?
Gatsby Xios LLC's latest Form D, filed May 13, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Gatsby Xios LLC?
Gatsby Xios LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Gatsby Xios LLC raised?
Gatsby Xios LLC reports $49,999,988 sold from 31 investors on its Form D filed May 13, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Gatsby Xios LLC based?
Gatsby Xios LLC is based in Austin, Texas and is managed by Gatsby Management, LLC.
When did Gatsby Xios LLC launch?
Gatsby Xios LLC reports its first sale in Apr 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 80% of the 1,472 private equity funds based in Texas, and more than 63% of all 9,142 that report sales.