Pilot Owners Fund, LLC is a private equity fund based in Boise, Idaho. According to its most recent Form D, filed Jan 22, 2026, it has sold $300,000 of interests to 3 investors since its first sale in Dec 2025. 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 Nicholas Fisher; George Hall III; Jason Lesh.
- Total raised
- $300,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Dec 31, 2025
- 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
- Nicholas Fisher; George Hall III; Jason Lesh
- Latest Form D
- Jan 22, 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 Pilot Owners Fund, LLC
What is the minimum investment for Pilot Owners Fund, LLC?
According to its latest Form D, filed Jan 22, 2026, the minimum investment Pilot Owners Fund, LLC accepts from an outside investor is $100,000.
Who can invest in Pilot Owners Fund, LLC?
Pilot Owners Fund, 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 Pilot Owners Fund, LLC raised?
Pilot Owners Fund, LLC reports $300,000 sold from 3 investors on its Form D filed Jan 22, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Pilot Owners Fund, LLC based?
Pilot Owners Fund, LLC is based in Boise, Idaho.
When did Pilot Owners Fund, LLC launch?
Pilot Owners Fund, LLC reports its first sale in Dec 2025, 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 56% of the 9 private equity funds based in Idaho, and more than 11% of all 9,142 that report sales.