SEC filing record
Primary Source · SEC.gov

IEQ Capital Access Fund - RidgeLake Partners, L.P.

Fund Vehicle2023 vintage506(b), 3(c)

Raised

$134M

Investors

121

Min Invest

None stated

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AltStreet Analysis

·

Generated from EDGAR primary sources

IEQ Capital Access Fund - RidgeLake Partners, L.P. is a Delaware limited partnership filing under Rule 506(b) and Section 3(c), having raised $134.2M from 121 investors as of this amended filing dated May 19, 2023. The filing is sponsored by iCapital PE GP, LLC with Max Schwartz listed as executive officer. No minimum investment is disclosed on the filing, and no first sale date is provided.

This is a pooled investment fund utilizing the standard private placement exemption 506(b) combined with Investment Company Act exemption 3(c), typical for private funds targeting accredited investors. With 121 investors and $134.2M raised, the average commitment is approximately $1.1M, consistent with institutional or high-net-worth investor access vehicles in the alternative investment category.

Data Flags

generalAmendment filing with no first sale date disclosed and total raise of $134.2M across 121 investors; while missing first sale dates are common on large institutional amendments, the investor count suggests retail or semi-retail distribution which would typically include sale date disclosure

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001914599
Entity NameIEQ Capital Access Fund - RidgeLake Partners, 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 Address60 East 42nd Street, 26th Floor, New York, NY 10165
Phone(212) 994-7400
Industry / Fund TypePooled Investment Fund · Private Equity Fund
Investment Company ActExcluded under Section 3(c)(7) (qualified purchasers only)
Securities TypeEquity, Pooled Investment Fund
First Sale Date—
Filing DateMay 19, 2023
Accession Number0000897069-23-000472
Total Offering AmountIndefinite
Total Amount Sold$134,175,000
Total Investors121
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Revenue RangeDecline to Disclose
State (Issuer Address)NY
Amendment Count1 amendments filed

Filings on Record

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

AltStreet Coverage

Original reporting from AltStreet's daily EDGAR monitoring covering iCapital and its filings.

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All AltStreet news

Capital Raise Timeline

2 Form D filings from May 18, 2022 to May 19, 2023, the latest a D/A.

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Statements extracted

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NAV prints

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Offering chains

1

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Investor

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

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Adviser of Record (Form ADV)

Icapital Advisors, LLC

CRD 177513 · SEC-registered adviser · lists this fund on Schedule D 7.B.(1) as a other private fund

Auditor named on Form ADV: Kpmg 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.

Item 3 changed on the Form D filed 2023-05-19: 1 related person added and 1 removed against the filing of 2022-05-18; 2 now listed. The names are in the Terminal feed.

-- iCapital PE GP, LLC

Promoter · New York, NY

Max Schwartz

Executive Officer · New York, NY

Questions About IEQ Capital Access Fund - RidgeLake Partners, 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 IEQ Capital Access Fund - RidgeLake Partners, L.P.?

IEQ Capital Access Fund - RidgeLake Partners, L.P. is a Delaware limited partnership that filed a Form D with the SEC on May 19, 2023 as a private equity fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of equity and pooled investment fund interests. AltStreet links the issuer to iCapital.

Is IEQ Capital Access Fund - RidgeLake Partners, L.P. legit?

AltStreet does not rate legitimacy; it reports the public record. IEQ Capital Access Fund - RidgeLake Partners, L.P. filed a Form D with the SEC on May 19, 2023 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 $134,175,000 sold to 121 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to iCapital, which AltStreet has reviewed. 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 IEQ Capital Access Fund - RidgeLake Partners, 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 IEQ Capital Access Fund - RidgeLake Partners, 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 IEQ Capital Access Fund - RidgeLake Partners, L.P. raised?

IEQ Capital Access Fund - RidgeLake Partners, L.P. reported $134,175,000 sold from 121 investors in an offering of indefinite size as of the Form D filed May 19, 2023.

Who can invest in IEQ Capital Access Fund - RidgeLake Partners, 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 IEQ Capital Access Fund - RidgeLake Partners, 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 IEQ Capital Access Fund - RidgeLake Partners, L.P. and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly.

Who is behind IEQ Capital Access Fund - RidgeLake Partners, L.P.?

The Form D lists 2 related persons: iCapital PE GP, LLC, promoter (General Partner of the Issuer); Max Schwartz, executive officer (Authorized Signatory of the General Partner). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is IEQ Capital Access Fund - RidgeLake Partners, L.P. located?

The issuer's address on its SEC filings is 60 East 42nd Street, 26th Floor, New York, NY 10165. Its phone number of record is (212) 994-7400. It is organized under the laws of Delaware.

How long is the IEQ Capital Access Fund - RidgeLake Partners, L.P. 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; 1 amendment is on record for this CIK.

How large is IEQ Capital Access Fund - RidgeLake Partners, 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.