Form D · Private Equity Fund

LBC SMALL CAP SBIC, L.P.

Radnor, PA · CIK 0001710748

Offering snapshot reported Feb 11, 2019 · SEC filing

Reported sold: $44.7M
Investors reported: 19
Minimum accepted: $500K
First sale: Jul 31, 2017

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$39,530,269 → $44,737,033
Reported investors14 → 19

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Feb 11, 2019	Amendment	$44,737,033	$5,206,764vs Oct 31, 2018	19	SEC filing
Oct 31, 2018	Amendment	$39,530,269	$9,025,270vs Aug 9, 2017	14	SEC filing
Aug 9, 2017	Initial	$30,504,999	No comparison	12	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: No
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-292444

There are no sales commissions or finders' fee expenses that are paid by the Issuer.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
EQUUS FINANCIAL CONSULTING LLC	131449

Source: Form D, filed Feb 11, 2019. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

LBC SMALL CAP SBIC, L.P.

Investment adviser: LBC CREDIT MANAGEMENT, L.P.

Gross asset value: $93.3M
Beneficial owners: 20
ADV minimum commitment: $500K

Reported in Form ADV on Apr 9, 2021. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator ZOOK DINON PA MOORESTOWN, New Jersey, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor GRANT THORNTON, LLP PHILADELPHIA, Pennsylvania, United States

Custodian TRISTATE CAPITAL HOLDINGS, INC. VILLANOVA, Pennsylvania, United States Related to adviser: No

Custodian WELLS FARGO BANK N.A. MINNEAPOLIS, Minnesota, United States Related to adviser: No

Marketer PALICO LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

GRANT THORNTON, LLP
PCAOB 248

PALICO LLC
CRD 15960 · SEC 8-32983

Filing source

Form ADV 1530271 · Apr 9, 2021 · Schedule D 7.B.(1), fund 805-5035684636

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
John J. Brignola	Executive
Christopher J. Calabrese	Executive
Nathaniel R. Cohen	Executive
Llc Lbc Small Cap Gp,	Executive
Donald K. Rice	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

555 E. Lancaster Avenue Suite 450
Radnor, PA, 19087