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Sc Rapid Prep, LLC

Private Equity FundFund ID 805-8678092109Delaware, United States
Gross assets
$22.9M
Min. investment
$50K
Beneficial owners
55
Size rank
Top 67%
Audited
Yes
Structure
Standalone

About this fund

Sc Rapid Prep, LLC is a private equity fund managed by Source Capital, LLC. The fund reports $22.9 million in gross assets, placing it among the top 67% of private funds by size. The stated minimum investment is $50,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-8678092109
Fund typePrivate Equity Fund
3(c)(1) exclusionYes
3(c)(7) exclusionNo
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationNo
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
Sales limited to qualified investorsYes
% of assets independently valued0%

Ownership

Owned by the adviser or related persons13%
Owned by funds of funds32%
Owned by non-U.S. persons0%

Other funds from this manager

FundTypeGross assets
Backyard Tbp SPV, LPPrivate Equity$136.9M
Source Blueally, LLCPrivate Equity$50.7M
Sc Allergy Holdings, LLCPrivate Equity$45.9M
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Frequently asked questions

How large is Sc Rapid Prep, LLC?

Sc Rapid Prep, LLC reports $22.9 million in gross assets, among the top 67% of private funds by size.

What is the minimum investment for Sc Rapid Prep, LLC?

The stated minimum investment is $50,000.

Who manages Sc Rapid Prep, LLC?

Sc Rapid Prep, LLC is managed by Source Capital, LLC.

Does Sc Rapid Prep, LLC disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

Service providers

Prime broker
None reported