Pennybacker VI, LP is a private equity fund based in Austin, Texas. According to its most recent Form D, filed Aug 11, 2023, it has sold $1,010,625,000 of interests to 127 investors since its first sale in Jun 2022. The minimum investment it accepts from an outside investor is $25,000. 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. Related persons named in the filing include Pennybacker VI GP, LLC.
- Total raised
- $1,010,625,000Cumulative sales reported on Form D
- Investors
- 127
- First sale
- Jun 2, 2022
- Minimum investment
- $25,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Pennybacker VI GP, LLC
- Latest Form D
- Aug 11, 2023
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 Pennybacker VI, LP
What is the minimum investment for Pennybacker VI, LP?
According to its latest Form D, filed Aug 11, 2023, the minimum investment Pennybacker VI, LP accepts from an outside investor is $25,000.
Who can invest in Pennybacker VI, LP?
Pennybacker VI, 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). It uses Rule 506(b), which does not allow general advertising.
How much has Pennybacker VI, LP raised?
Pennybacker VI, LP reports $1,010,625,000 sold from 127 investors on its Form D filed Aug 11, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Pennybacker VI, LP based?
Pennybacker VI, LP is based in Austin, Texas.
When did Pennybacker VI, LP launch?
Pennybacker VI, LP reports its first sale in Jun 2022.
Size compared with every private equity fund
Raised more than 97% of the 1,405 private equity funds based in Texas, and more than 94% of all 8,822 that report sales.