SEC filing record
Primary Source · SEC.gov

Fifth Avenue Private Equity 15 LLC

Fund Vehicle2019 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

$588M

Investors

685

Min Invest

$350,000

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What this filing shows

·

Every sentence is a value as filed on SEC Form D

Fifth Avenue Private Equity 15 LLC is a Delaware limited liability company that filed a Form D with the SEC on January 9, 2019, describing itself as a other investment fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(7) and covers pooled investment fund interests. Fifth Avenue Private Equity 15 LLC reported $588,210,000 sold from 685 investors in an offering of indefinite size as of the Form D filed January 9, 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 minimum investment accepted from an outside investor is $350,000. The Form D names Bessemer Investor Services, Inc. (CRD 17442), associated with None as the recipient of sales compensation soliciting in all states. The issuer's address of record is 630 Fifth Avenue, New York, NY 10111.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001763760
Entity NameFifth Avenue Private Equity 15 LLC
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 Liability Company
Jurisdiction of OrganizationDelaware
Issuer Address630 Fifth Avenue, New York, NY 10111
Phone(212) 708-9100
Industry / Fund TypePooled Investment Fund · Other Investment Fund
Investment Company ActExcluded under Section 3(c)(7) (qualified purchasers only)
Securities TypePooled investment fund interests
First Sale DateJanuary 4, 2019
Filing DateJanuary 9, 2019
Accession Number0001144204-19-001231
Total Offering AmountIndefinite
Total Amount Sold$588,210,000
Total Investors685
Non-Accredited InvestorsNone
Minimum Investment$350,000
Offering DurationOne year or less
Net Asset Value RangeDecline to Disclose
State (Issuer Address)NY
Amendment CountOriginal filing only

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

0 / 0

0 watch · 0 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

lapsed

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Fund family Part of the Fifth Avenue Private Equity family: 5 vehicles across 5 generations · full family and the filing behind each link in the terminal

Investor

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  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

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Related Persons (Form D)

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

Michael Brooks

Director · New York, NY

Michael Brooks is a member of the Issuer's board of managers.

Everett Goings

Director · New York, NY

Everett Goings is a member of the Issuer's board of managers.

Kenneth Musen

Director · New York, NY

Kenneth Musen is a member of the Issuer's board of managers.

C. Daniel Rice

Director · New York, NY

C. Daniel Rice is a member of the Issuer's board of managers.

James Daniel Rubin

Director · New York, NY

James Rubin is a member of the Issuer's board of managers.

Philip A. Benyola

Executive Officer · New York, NY

Philip A. Benyola is included on this Form D for informational purposes because he is a member of the investment committee for the Issuer that has been established by Bessemer Trust Company, N.A., the Issuer's Advisor.

Charles D. Bryceland

Executive Officer · New York, NY

Charles D. Bryceland is included on this Form D for informational purposes because he is a member of the investment committee for the Issuer that has been established by Bessemer Trust Company, N.A., the Issuer's Advisor.

Peter J. Langas

Executive Officer · New York, NY

Peter J. Langas is included on this Form D for informational purposes because he is a member of the investment committee for the Issuer that has been established by Bessemer Trust Company, N.A., the Issuer's Advisor.

Lisa M. Corcoran

Executive Officer · New York, NY

Lisa M. Corcoran is included on this Form D for informational purposes because she is a member of the investment committee for the Issuer that has been established by Bessemer Trust Company, N.A., the Issuer's Advisor.

Alex M. Christie

Executive Officer · New York, NY

Alex Christie is included on this Form D for informational purposes because he is a member of the investment committee for the Issuer that has been established by Bessemer Trust Company, N.A., the Issuer's Advisor.

Beste A. Portnoff

Executive Officer · New York, NY

Beste A. Portnoff is included on this Form D for informational purposes because she is a member of the investment committee for the Issuer that has been established by Bessemer Trust Company, N.A., the Issuer's Advisor.

Michael J. FitzSimons

Executive Officer · New York, NY

Michael J. FitzSimons is included on this Form D for informational purposes because he is a member of the investment committee for the Issuer that has been established by Bessemer Trust Company, N.A., the Issuer's Advisor.

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.

Bessemer Investor Services, Inc.CRD 17442 on BrokerCheck

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

Questions About Fifth Avenue Private Equity 15 LLC

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

What is Fifth Avenue Private Equity 15 LLC?

Fifth Avenue Private Equity 15 LLC is a Delaware limited liability company that filed a Form D with the SEC on January 9, 2019 as a other investment fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests.

Is Fifth Avenue Private Equity 15 LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Fifth Avenue Private Equity 15 LLC filed a Form D with the SEC on January 9, 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 $588,210,000 sold to 685 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 Fifth Avenue Private Equity 15 LLC 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 Fifth Avenue Private Equity 15 LLC 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 Fifth Avenue Private Equity 15 LLC raised?

Fifth Avenue Private Equity 15 LLC reported $588,210,000 sold from 685 investors in an offering of indefinite size as of the Form D filed January 9, 2019.

Who can invest in Fifth Avenue Private Equity 15 LLC?

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 minimum investment accepted from an outside investor is $350,000.

What is the minimum investment in Fifth Avenue Private Equity 15 LLC?

The Form D lists $350,000 as the minimum investment accepted from any outside investor as of January 9, 2019. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling Fifth Avenue Private Equity 15 LLC and how are they paid?

The Form D names Bessemer Investor Services, Inc. (CRD 17442), associated with None as the recipient of sales compensation soliciting in all states.

Who is behind Fifth Avenue Private Equity 15 LLC?

The Form D lists 12 related persons: Michael Brooks, director (Michael Brooks is a member of the Issuer's board of managers); Everett Goings, director (Everett Goings is a member of the Issuer's board of managers); Kenneth Musen, director (Kenneth Musen is a member of the Issuer's board of managers); C. Daniel Rice, director (C. Daniel Rice is a member of the Issuer's board of managers); James Daniel Rubin, director (James Rubin is a member of the Issuer's board of managers); Philip A. Benyola, executive officer (Philip A. Benyola is included on this Form D for informational purposes because he is a member of the investment committee for the Issuer that has been established by Bessemer Trust Company, N.A., the Issuer's Advisor); Charles D. Bryceland, executive officer (Charles D. Bryceland is included on this Form D for informational purposes because he is a member of the investment committee for the Issuer that has been established by Bessemer Trust Company, N.A., the Issuer's Advisor); Peter J. Langas, executive officer (Peter J. Langas is included on this Form D for informational purposes because he is a member of the investment committee for the Issuer that has been established by Bessemer Trust Company, N.A., the Issuer's Advisor), and 4 more. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Fifth Avenue Private Equity 15 LLC located?

The issuer's address on its SEC filings is 630 Fifth Avenue, New York, NY 10111. Its phone number of record is 212-708-9100. It is organized under the laws of Delaware.

How long is the Fifth Avenue Private Equity 15 LLC offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

How large is Fifth Avenue Private Equity 15 LLC?

The issuer declined to disclose its net asset value 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.