Unlock Pacific closes $460K private equity fund with 10 investors
What's the deal? Unlock PacificDealroom has a profile for this one. Try Dealroom → has raised $455,000 for UnlockOL a Series of CGF2021 LLCDealroom has a profile for this one. Try Dealroom →, a private equity fund, in an exempt securities offering. The round drew 10 investors, with the full amount sold and none remaining, according to a filing dated September 10.
Who's behind it? Talia Cohen signed the offering as manager on September 11. Unlock Pacific is based at 3025 Cowper St. in Palo Alto, California, while the fund entity itself is registered in Claymont, Delaware.
The details: The fund is structured as a limited liability company and functions as both a pooled investment vehicle and a private equity fund. Of the total raised, $9,100 is allocated to organisational and operating expenses.
The signal: The modest size and small investor count point to a tightly held, single-purpose vehicle rather than a broad institutional fund. Its Delaware-registered, series-LLC structure is a common setup for pooled private equity plays aimed at a defined group of backers.
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