LS 2024 - Allocate, L.P.
LS 2024 - Allocate, L.P. is a private equity fund based in Menlo Park, California. According to its most recent Form D, filed Mar 20, 2025, it has sold $17,110,000 of interests to 27 investors since its first sale in Dec 2024. 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 Saul Cardenas; Allocate Master GP 1, L.L.C; Allocate Management Company, LLC.
- Total raised
- $17,110,000Cumulative sales reported on Form D
- Investors
- 27
- First sale
- Dec 19, 2024
- 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
- Saul Cardenas; Allocate Master GP 1, L.L.C; Allocate Management Company, LLC
- Latest Form D
- Mar 20, 2025
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 LS 2024 - Allocate, L.P.
What is the minimum investment for LS 2024 - Allocate, L.P.?
LS 2024 - Allocate, L.P.'s latest Form D, filed Mar 20, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in LS 2024 - Allocate, L.P.?
LS 2024 - Allocate, L.P. 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 LS 2024 - Allocate, L.P. raised?
LS 2024 - Allocate, L.P. reports $17,110,000 sold from 27 investors on its Form D filed Mar 20, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is LS 2024 - Allocate, L.P. based?
LS 2024 - Allocate, L.P. is based in Menlo Park, California and is managed by Allocate Management Company, LLC.
When did LS 2024 - Allocate, L.P. launch?
LS 2024 - Allocate, L.P. reports its first sale in Dec 2024, 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 72% of the 1,777 private equity funds based in California, and more than 49% of all 9,142 that report sales.