At a glance
- The $60 million sold equals 20% of the $300 million offering amount, leaving $240 million unsold at the time of filing.
- The filing records a $100,000 minimum investment and a first sale on July 29, three months before the disclosure.
- For allocators, the $100,000 minimum sets entry size and the July 29 first-sale date shows the raise has been open since late July.
Evolvence India Fund V Ltd filed a Form D on Oct. 28 for a $300 million private equity fund, with $60 million sold to date, according to SEC EDGAR.
The $60 million sold equals 20% of the $300 million offering amount, leaving $240 million unsold at the time of filing. The filing records a $100,000 minimum investment and a first sale on July 29, three months before the disclosure. The issuer is listed as a pooled investment fund in the private equity fund category, and the fund's name indicates an India mandate.
For allocators, the $100,000 minimum sets entry size and the July 29 first-sale date shows the raise has been open since late July. The $60 million book against the $300 million offering amount is the subscription level to compare with any later filing for the same vehicle.
Reported by the Raises & Launches desk from SEC EDGAR. Published . Corrections