Private equity funds in Iowa
7 funds filed a Form D between Oct 1, 2024 and Oct 30, 2026. Largest cities: Des Moines (4), McCallsburg (1), Johnston (1), West Des Moine (1).
7private equity funds
5emerging managers
3first sale since 2025
$4.4Mmedian raised
Lists: Largest private equity funds in Iowa · Emerging private equity managers in Iowa
All 7 private equity funds in Iowa
Fund
First sale
Raised
Investors
Minimum
Offering
Next Level Ventures Fund III, LLLP
Des Moines, IAEmerging506(c)
First saleJan 2025
Raised$15.9M
Investors16
Minimum$100K
Offering506(c)
Principal Data Center Growth & Income Fund Employees, L.P.
Des Moines, IAEmerging
First saleNov 2024
Raised$13.1M
Investors43
MinimumNone set
Offering506(b)
CIT Acquisition Company, LLC
McCallsburg, IAEmerging
First saleDec 2025
Raised$4.4M
Investors24
Minimum$25K
Offering506(b)
PrinCal Principal Member Employees Tranche II, LP
Des Moines, IAEmerging
First saleApr 2026
Raised$1.4M
Investors9
MinimumNone set
Offering506(b)
Principal Data Center Growth & Income Fund (Cayman Parallel), L.P.
Des Moines, IAEmerging
First saleSep 2024
Raised$750K
Investors1
MinimumNone set
Offering506(b)
Merit Spe 7 LLC
Johnston, IA506(c)
First sale—
Raised$0
Investors0
Minimum$75K
Offering506(c)
Merit Spe 6 LLC
West Des Moine, IA506(c)
First sale—
Raised$0
Investors0
Minimum$75K
Offering506(c)