QP Gate City, LLC is a private equity fund based in Midlothian, Virginia. According to its most recent Form D, filed Dec 10, 2024, it has sold $2,100,000 of interests to 9 investors since its first sale in Nov 2024. The minimum investment it accepts from an outside investor is $100,000. 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 Andrew Little.
- Total raised
- $2,100,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Nov 1, 2024
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Andrew Little
- Latest Form D
- Dec 10, 2024
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 QP Gate City, LLC
What is the minimum investment for QP Gate City, LLC?
According to its latest Form D, filed Dec 10, 2024, the minimum investment QP Gate City, LLC accepts from an outside investor is $100,000.
Who can invest in QP Gate City, LLC?
QP Gate City, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has QP Gate City, LLC raised?
QP Gate City, LLC reports $2,100,000 sold from 9 investors on its Form D filed Dec 10, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is QP Gate City, LLC based?
QP Gate City, LLC is based in Midlothian, Virginia.
When did QP Gate City, LLC launch?
QP Gate City, LLC reports its first sale in Nov 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 56% of the 204 private equity funds based in Virginia, and more than 27% of all 9,142 that report sales.