SP Private Equity Fund, LLC is a private equity fund based in Lake Mary, Florida. According to its most recent Form D, filed Apr 9, 2026, it has sold $700,000 of interests to 7 investors since its first sale in Nov 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(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Naushad Virji.
- Total raised
- $700,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Nov 5, 2025
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Naushad Virji
- Latest Form D
- Apr 9, 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 SP Private Equity Fund, LLC
What is the minimum investment for SP Private Equity Fund, LLC?
According to its latest Form D, filed Apr 9, 2026, the minimum investment SP Private Equity Fund, LLC accepts from an outside investor is $100,000.
Who can invest in SP Private Equity Fund, LLC?
SP Private Equity 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(c), so it may advertise, but every investor must be verified as accredited.
How much has SP Private Equity Fund, LLC raised?
SP Private Equity Fund, LLC reports $700,000 sold from 7 investors on its Form D filed Apr 9, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is SP Private Equity Fund, LLC based?
SP Private Equity Fund, LLC is based in Lake Mary, Florida.
When did SP Private Equity Fund, LLC launch?
SP Private Equity Fund, LLC reports its first sale in Nov 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 55% of the 818 private equity funds based in Florida, and more than 18% of all 9,142 that report sales.