Patere Fund I LLC is a private equity fund based in Dacula, Georgia. According to its most recent Form D, filed Apr 17, 2026, it has sold $2,150,000 of interests to 15 investors since its first sale in Apr 2026. The minimum investment it accepts from an outside investor is $100,000. 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 Culbreth Capital, LLC.
- Total raised
- $2,150,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Apr 2, 2026
- Minimum investment
- $100,000
- 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
- Culbreth Capital, LLC
- Latest Form D
- Apr 17, 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 Patere Fund I LLC
What is the minimum investment for Patere Fund I LLC?
According to its latest Form D, filed Apr 17, 2026, the minimum investment Patere Fund I LLC accepts from an outside investor is $100,000.
Who can invest in Patere Fund I LLC?
Patere Fund I 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 Patere Fund I LLC raised?
Patere Fund I LLC reports $2,150,000 sold from 15 investors on its Form D filed Apr 17, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Patere Fund I LLC based?
Patere Fund I LLC is based in Dacula, Georgia.
When did Patere Fund I LLC launch?
Patere Fund I 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 32% of the 124 private equity funds based in Georgia, and more than 27% of all 9,142 that report sales.