Mainsail Incentive Program, LLC
Mainsail Incentive Program, LLC is a private equity fund organized in Delaware, United States and advised by Mainsail Partners. Its adviser reported $2,361,639 in gross assets for the fund on Form ADV, filed Apr 8, 2024. It reported 39 beneficial owners. 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.
- Gross assets
- $2,361,639As reported on Form ADV
- Beneficial owners
- 39
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Private equity fund
- Domicile
- Delaware, United States
- Auditor
- BDO USA, P.C.
- Custodian
- Merrill Lynch, Pierce, Fenner & Smith Incorporated; Jpmorgan Chase Bank, N.A. New York; Stifel, Nicolaus & Company, Incorporated; First Citizens Capital Securities, LLC
- Adviser
- Mainsail Partners · Austin, TX · CRD 157775
- Reported on
- Apr 8, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Mainsail Incentive Program, LLC
What is the minimum investment for Mainsail Incentive Program, LLC?
Its adviser's Form ADV, filed Apr 8, 2024, does not set a minimum investment for Mainsail Incentive Program, LLC. The offering documents may still require one.
Who can invest in Mainsail Incentive Program, LLC?
Mainsail Incentive Program, 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).
How large is Mainsail Incentive Program, LLC?
Its adviser reported $2,361,639 in gross assets on Form ADV filed Apr 8, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Mainsail Incentive Program, LLC?
Mainsail Incentive Program, LLC is advised by Mainsail Partners, based in Austin, TX.
Who are Mainsail Incentive Program, LLC's service providers?
Its Form ADV lists BDO USA, P.C. as auditor.