Grand Avenue Investments LP Series 19 Completes $5.28 Million Capital Raise

Grand Avenue Investments LP Series 19 has closed a 5.28 million dollar capital raise supported by 28 investors, marking the launch of a new pooled investment vehicle based in Englewood, New Jersey. The limited partnership, organized in Delaware and operating for more than five years, pursued the raise under exemptions designed for private offerings.

The fund is structured as a pooled investment entity and does not maintain registration under the Investment Company Act. Instead, it operates under provisions that allow certain investment vehicles to avoid registration when accepting only qualified investors. Its asset size falls within the five to twenty-five million dollar range, reflecting the scale of operations associated with specialized private funds.

Four individuals play central roles in the fund’s governance and promotion: Alan S. MacKenzie Jr., Joshua B. Parker, Charles Goodgal, and Andrew E. Hurni. Each serves as an executive officer and as a managing member of the general partner responsible for overseeing the partnership. Their positions and associated responsibilities place them at the center of both management and investor engagement.

The offering was conducted under Rule 506(b) of Regulation D, alongside exemptions from Section 3(c) of the Investment Company Act, including Section 3(c)(7). These provisions allow the fund to raise capital from accredited or highly qualified investors without registering the securities with federal regulators. The minimum investment for participation was set at twenty-five thousand dollars, and no portion of the raised funds was directed to any officer or promoter.

No commissions, brokerage charges, or finder's fees were paid in connection with the offering, and all available interests were fully subscribed. The organization also clarified that the offering is not part of any merger, acquisition, or similar business combination, and does not intend for the fundraising period to exceed one year.

Grand Avenue Investments affirmed commitments required for exempt offerings, including appointing federal and state authorities to receive legal notifications related to the offering and confirming eligibility to rely on the exemptions cited. The notice was signed by Chief Financial Officer Alan S. MacKenzie Jr., finalizing the disclosure on behalf of the partnership.