The Lehigh Valley Private Equity Fund Closes June Fundraising Round
The Lehigh Valley Private Equity Fund (the “Fund”), a Regulation D private equity fund concentrating on investing in real estate in the Lehigh Valley of Pennsylvania, announced today that it has closed its June fundraising round.
Based
in Allentown, Pennsylvania, the Fund has been designed to provide an 8% annual
preferred return paid monthly and an overall annualized target return of 12 -
18%, through diversification in lending and acquisitions in the real
estate industry.
Tejas Gosai, Co-Manager of the Fund, and a resident of
Nazareth, PA, said he and Jeff Cella, Co-Manager, have been meeting with
potential investors to explain the investment strategy.
Gosai
said, “We have put a lot of time, money, and energy into refining our methods
to be able to pay monthly an annualized 8% return and then distribute
quarterly, additional returns to our investors through qualified lending, real
estate redevelopment, and long-term acquisitions.”
Cella,
who started his first private equity fund in 2011 under Regulation D, is a
familiar figure in the lending arena in the Lehigh Valley and a longtime
resident of Emmaus, PA. Cella said “I’ve been lending money in the Lehigh Valley
for over thirty years. By joining forces with Tejas on the real estate
acquisitions side, we have designed a fund that can pay a monthly return to our
investors while remaining liquid and taking advantage of all of the longer-term
real estate plays in the Lehigh Valley.”
The
Fund is targeted to raise $250 million to invest in real estate in the Lehigh
Valley. No other fund that we are aware of has committed to invest its funds in
the Valley with an emphasis on funding real estate projects and acquiring properties
that make the Lehigh Valley a better place to live, work and play.
John
LeVine, Chief Investment Officer of the Fund, continuously identifies,
analyses, and recommends investment opportunities to the Fund Managers. LeVine
said, “This market simply outshines other markets nationally. We don’t have to
look any other place other than the Lehigh Valley to find attractive investment
opportunities for our investors”.
Investors
interested in learning more about or investing in the Fund can visit the Fund’s
website at www.LVPEFUND.com or
contact the Fund directly at (610) 673-0073.
The
Lehigh Valley Private Equity Fund has filed its Form D with the Securities and
Exchange Commission which can be viewed directly from the SEC.GOV website or by
a link on the Fund’s website, www.LVPEFUND.com
ENDS
For
media inquires contact: Tejas Gosai, Co-Manager, Lehigh Valley Private Equity
Fund, LLC, t.g@lvpefund.com,
215-317-1177
Notes to Editors:
● The Fund accepts new investments from “accredited investors” with a minimum of $50,000.
● The Fund will pay an annualized 8% return monthly after which the Fund will return 80% of “excess distributable cash” to investors.
● The Fund Manager will collect no management fee up to $5.0 million of invested cash then 1.5% of invested cash thereafter.
● The Fund can accept investments from self-directed IRAs.
● The Lehigh Valley of Pennsylvania is a $44 billion economy.
DATE: July 2, 2021
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