SEC filing record
Primary Source · SEC.gov

WCAS XIII, L.P.

Fund Vehicle2018 vintageRule 506(b), Section 3(c), Section 3(c)(7)Filing record

Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.

Raised

$3.7B

Investors

135

Min Invest

None stated

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What this filing shows

·

Every sentence is a value as filed on SEC Form D

WCAS XIII, L.P. is a Delaware limited partnership that first filed a Form D on August 7, 2018 and most recently amended it on July 29, 2019, describing itself as a private equity fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(7) and covers pooled investment fund interests. WCAS XIII, L.P. reported $3,726,893,788 sold from 135 investors of a $3,726,893,788 total offering as of the Form D filed July 29, 2019. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. The Form D names PROBITAS FUNDS GROUP, LLC (CRD 115876), associated with None; MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED (CRD 7691), associated with None; ASANTE CAPITAL GROUP ADVISORS LLC (CRD 155178), associated with None; KOREA INVESTMENT & SECURITIES AMERICA, INC (CRD 104158), associated with None as recipients of sales compensation soliciting in HI, NY. The issuer's address of record is C/O Welsh, Carson, Anderson & Stowe, 599 Lexington Avenue, Suite 1800, New York, NY 10022.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001748207
Entity NameWCAS XIII, L.P.
ExemptionRule 506(b), Section 3(c), Section 3(c)(7)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company. Section 3(c)(7) of the Investment Company Act: the fund is excluded from investment-company registration because every investor is a qualified purchaser, generally an individual with at least $5 million in investments or an institution with at least $25 million.
Entity TypeLimited Partnership
Jurisdiction of OrganizationDelaware
Issuer AddressC/O Welsh, Carson, Anderson & Stowe, 599 Lexington Avenue, Suite 1800, New York, NY 10022
Phone(212) 893-9500
Industry / Fund TypePooled Investment Fund · Private Equity Fund
Investment Company ActExcluded under Section 3(c)(7) (qualified purchasers only)
Securities TypePooled investment fund interests
First Sale DateJuly 25, 2018
Filing DateJuly 29, 2019
Accession Number0001748207-19-000001
Total Offering Amount$3,726,893,788
Total Amount Sold$3,726,893,788
Amount Remaining$0
Total Investors135
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationIntended to last more than one year
Revenue RangeDecline to Disclose
State (Issuer Address)NY
Amendment Count3 filings on record

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

In the Terminal

Filing events

0

none on file

Critical / warning

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0 watch · 0 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

closed

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Fund family Part of the WCAS family: 5 vehicles across 3 generations · full family and the filing behind each link in the terminal

Investor

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  • The dated record: 24 facts with source, effective date and capture date, viewable as AltStreet knew them on any past day
  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

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Adviser of Record (Form ADV)

Wcas Management Corporation

CRD 155695 · SEC-registered adviser · lists this fund on Schedule D 7.B.(1) as a private equity fund

Auditor named on Form ADV: Pricewaterhouse Coopers LLP · PCAOB-registered per the adviser

From the adviser's Form ADV as loaded from the SEC bulk data, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

ANTHONY J. DE NICOLA

Executive Officer · NEW YORK, NY

D. SCOTT MACKESY

Executive Officer · NEW YORK, NY

MICHAEL E. DONOVAN

Executive Officer · NEW YORK, NY

CHRISTOPHER W. SOLOMON

Executive Officer · NEW YORK, NY

BRIAN T. REGAN

Executive Officer · NEW YORK, NY

SEAN M. TRAYNOR

Executive Officer · NEW YORK, NY

JONATHAN M. RATHER

Executive Officer · NEW YORK, NY

THOMAS A. SCULLY

Executive Officer · NEW YORK, NY

ERIC J. LEE

Executive Officer · NEW YORK, NY

GREGORY J. LAU

Executive Officer · NEW YORK, NY

CHRISTOPHER J. HOOPER

Executive Officer · NEW YORK, NY

EDWARD J. SOBOL

Executive Officer · NEW YORK, NY

Placement Agents and Sales Compensation (Form D)

Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.

PROBITAS FUNDS GROUP, LLCCRD 115876 on BrokerCheck

Associated broker-dealer: None · SAN FRANCISCO, CA · Soliciting in HI, NY and outside the United States

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATEDCRD 7691 on BrokerCheck

Associated broker-dealer: None · NEW YORK, NY · Soliciting in all states

ASANTE CAPITAL GROUP ADVISORS LLCCRD 155178 on BrokerCheck

Associated broker-dealer: None · NEW YORK, NY and outside the United States

KOREA INVESTMENT & SECURITIES AMERICA, INCCRD 104158 on BrokerCheck

Associated broker-dealer: None · NEW YORK, NY and outside the United States

Questions About WCAS XIII, L.P.

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is WCAS XIII, L.P.?

WCAS XIII, L.P. is a Delaware limited partnership that filed a Form D with the SEC on July 29, 2019 as a private equity fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests.

Is WCAS XIII, L.P. legit?

AltStreet does not rate legitimacy; it reports the public record. WCAS XIII, L.P. filed a Form D with the SEC on July 29, 2019 claiming Rule 506(b), Section 3(c), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $3,726,893,788 sold to 135 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is WCAS XIII, L.P. registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that WCAS XIII, L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has WCAS XIII, L.P. raised?

WCAS XIII, L.P. reported $3,726,893,788 sold from 135 investors of a $3,726,893,788 total offering as of the Form D filed July 29, 2019.

Who can invest in WCAS XIII, L.P.?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.

What is the minimum investment in WCAS XIII, L.P.?

The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.

Who is selling WCAS XIII, L.P. and how are they paid?

The Form D names PROBITAS FUNDS GROUP, LLC (CRD 115876), associated with None; MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED (CRD 7691), associated with None; ASANTE CAPITAL GROUP ADVISORS LLC (CRD 155178), associated with None; KOREA INVESTMENT & SECURITIES AMERICA, INC (CRD 104158), associated with None as recipients of sales compensation soliciting in HI, NY.

Who is behind WCAS XIII, L.P.?

The Form D lists 12 related persons: ANTHONY J. DE NICOLA, executive officer; D. SCOTT MACKESY, executive officer; MICHAEL E. DONOVAN, executive officer; CHRISTOPHER W. SOLOMON, executive officer; BRIAN T. REGAN, executive officer; SEAN M. TRAYNOR, executive officer; JONATHAN M. RATHER, executive officer; THOMAS A. SCULLY, executive officer, and 4 more. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is WCAS XIII, L.P. located?

The issuer's address on its SEC filings is C/O Welsh, Carson, Anderson & Stowe, 599 Lexington Avenue, Suite 1800, New York, NY 10022. Its phone number of record is 212-893-9500. It is organized under the laws of Delaware.

How long is the WCAS XIII, L.P. offering open?

The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 2 amendments are on record for this CIK.

How large is WCAS XIII, L.P.?

The issuer declined to disclose its revenue range on the Form D, which the form permits.

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.