TruArc Fund IV (Parallel), LP is a private equity fund based in New York, New York. According to its most recent Form D, filed Apr 26, 2023, it has sold $258,000,000 of interests to 3 investors since its first sale in Apr 2021. The minimum investment it accepts from an outside investor is $100,000. 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 John Pless; TruArc Fund IV GP, LLC; Ogden Phipps, II.
- Total raised
- $258,000,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Apr 28, 2021
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- John Pless; TruArc Fund IV GP, LLC; Ogden Phipps, II
- Latest Form D
- Apr 26, 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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Apr 26, 2023 | Amendment | $258,000,000 | 3 | SEC.gov ↗ |
| Apr 27, 2022 | Amendment | $258,000,000 | 3 | SEC.gov ↗ |
| Apr 26, 2021 | First notice | $0 | 0 | SEC.gov ↗ |
3 Form D filings in the SEC's electronic records (2008 onward), the earliest on Apr 26, 2021. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about TruArc Fund IV (Parallel), LP
What is the minimum investment for TruArc Fund IV (Parallel), LP?
According to its latest Form D, filed Apr 26, 2023, the minimum investment TruArc Fund IV (Parallel), LP accepts from an outside investor is $100,000.
Who can invest in TruArc Fund IV (Parallel), LP?
TruArc Fund IV (Parallel), 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 TruArc Fund IV (Parallel), LP raised?
TruArc Fund IV (Parallel), LP reports $258,000,000 sold from 3 investors on its Form D filed Apr 26, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is TruArc Fund IV (Parallel), LP based?
TruArc Fund IV (Parallel), LP is based in New York, New York.
When did TruArc Fund IV (Parallel), LP launch?
TruArc Fund IV (Parallel), LP reports its first sale in Apr 2021.
Size compared with every private equity fund
Raised more than 86% of the 3,669 private equity funds based in New York, and more than 84% of all 8,950 that report sales.