SEC filing record
Primary Source · SEC.gov

GRADUATE HOTELS REAL ESTATE FUND IV LP

Fund Vehicle2022 vintageRule 506(b), Section 3(c), Section 3(c)(1), 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

$118M

Investors

36

Min Invest

None stated

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What this filing shows

·

Every sentence is a value as filed on SEC Form D

GRADUATE HOTELS REAL ESTATE FUND IV LP is a Delaware limited partnership that first filed a Form D on August 22, 2022 and most recently amended it on August 21, 2023, describing itself as a private equity fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) and covers equity and pooled investment fund interests. GRADUATE HOTELS REAL ESTATE FUND IV LP reported $117,625,000 sold from 36 investors of a $300,000,000 total offering as of the Form D filed August 21, 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. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. The Form D names VIGILANT DISTRIBUTORS, LLC (CRD 285573), associated with None as the recipient of sales compensation soliciting in all states. The issuer's address of record is 429 Chestnut Street, Nashville, TN 37203.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001938717
Entity NameGRADUATE HOTELS REAL ESTATE FUND IV LP
ExemptionRule 506(b), Section 3(c), Section 3(c)(1), 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)(1) of the Investment Company Act: the fund is excluded from investment-company registration because it has no more than 100 beneficial owners. 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 Address429 Chestnut Street, Nashville, TN 37203
Phone(540) 580-0565
Industry / Fund TypePooled Investment Fund · Private Equity Fund
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer) and Section 3(c)(7) (qualified purchasers only) (both boxes checked on the filing)
Securities TypeEquity, Pooled investment fund interests
First Sale DateAugust 23, 2022
Filing DateAugust 21, 2023
Accession Number0001938717-23-000001
Total Offering Amount$300,000,000
Total Amount Sold$117,625,000
Amount Remaining$182,375,000
Total Investors36
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Revenue RangeDecline to Disclose
State (Issuer Address)TN
Amendment Count2 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

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 GRADUATE HOTELS REAL ESTATE FUND family: 2 vehicles across 2 generations · adviser of record Aj Capital Management LLC · 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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Adviser of Record (Form ADV)

Aj Capital Management LLC

CRD 291880 · SEC-registered adviser · lists this fund on Schedule D 7.B.(1) as a real estate fund

Auditor named on Form ADV: Ernst & Young 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.

BENJAMIN WEPRIN

Executive Officer, Promoter · NASHVILLE, TN

ERIC HASSBERGER

Executive Officer, Promoter · NASHVILLE, TN

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.

VIGILANT DISTRIBUTORS, LLCCRD 285573 on BrokerCheck

Associated broker-dealer: None · CHADDS FORD, PA · Soliciting in all states

Questions About GRADUATE HOTELS REAL ESTATE FUND IV LP

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

What is GRADUATE HOTELS REAL ESTATE FUND IV LP?

GRADUATE HOTELS REAL ESTATE FUND IV LP is a Delaware limited partnership that filed a Form D with the SEC on August 21, 2023 as a private equity fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(1), Section 3(c)(7) for an offering of equity and pooled investment fund interests.

Is GRADUATE HOTELS REAL ESTATE FUND IV LP legit?

AltStreet does not rate legitimacy; it reports the public record. GRADUATE HOTELS REAL ESTATE FUND IV LP filed a Form D with the SEC on August 21, 2023 claiming Rule 506(b), Section 3(c), Section 3(c)(1), 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 $117,625,000 sold to 36 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 GRADUATE HOTELS REAL ESTATE FUND IV LP 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 GRADUATE HOTELS REAL ESTATE FUND IV LP claimed Rule 506(b), Section 3(c), Section 3(c)(1), 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 GRADUATE HOTELS REAL ESTATE FUND IV LP raised?

GRADUATE HOTELS REAL ESTATE FUND IV LP reported $117,625,000 sold from 36 investors of a $300,000,000 total offering as of the Form D filed August 21, 2023.

Who can invest in GRADUATE HOTELS REAL ESTATE FUND IV LP?

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. The filing checks both Section 3(c)(1), which caps the fund at 100 beneficial owners, and Section 3(c)(7), which requires every investor to be a qualified purchaser, generally an individual with at least $5 million in investments. A fund normally relies on one or the other. 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 GRADUATE HOTELS REAL ESTATE FUND IV LP?

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 GRADUATE HOTELS REAL ESTATE FUND IV LP and how are they paid?

The Form D names VIGILANT DISTRIBUTORS, LLC (CRD 285573), associated with None as the recipient of sales compensation soliciting in all states.

Who is behind GRADUATE HOTELS REAL ESTATE FUND IV LP?

The Form D lists 2 related persons: BENJAMIN WEPRIN, executive officer, promoter; ERIC HASSBERGER, executive officer, promoter. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is GRADUATE HOTELS REAL ESTATE FUND IV LP located?

The issuer's address on its SEC filings is 429 Chestnut Street, Nashville, TN 37203. Its phone number of record is (540) 580-0565. It is organized under the laws of Delaware.

How long is the GRADUATE HOTELS REAL ESTATE FUND IV LP 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 GRADUATE HOTELS REAL ESTATE FUND IV LP?

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.