Investcorp North American Private Equity Fund I, L.P.

Investcorp North American Private Equity Fund I, L.P. is a Delaware limited partnership that first filed a Form D on February 17, 2021 and most recently amended it on February 16, 2023, describing itself as a private equity fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(7) and covers equity and pooled investment fund interests. Investcorp North American Private Equity Fund I, L.P. reported $76,315,000 sold from 31 investors in an offering of indefinite size as of the Form D filed February 16, 2023. 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 Not applicable, associated with N.A. Investcorp LLC; Not applicable, associated with Investcorp Financial Services B.S.C.(c); Not applicable, associated with Investcorp Securities Limited; Not applicable, associated with Investcorp Saudi Arabia Financial Investments Co. and 2 others as recipients of sales compensation soliciting in AL, CA, GA, IL, NY, OH, VA. The issuer's address of record is Investcorp Investment Advisers LLC, 280 Park Avenue, 39th Floor, New York, NY 10017.