423 Mag
Private Equity FundFund ID 805-7121597789Delaware, United States
Gross assets
$4.6M
Min. investment
$10K
Beneficial owners
71
Size rank
Top 86%
Audited
No
Structure
Standalone
About this fund
423 Mag is a private equity fund managed by Harris Preston & Partners, LLC. The fund reports $4.6 million in gross assets, placing it among the top 86% of private funds by size. The stated minimum investment is $10,000. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-7121597789 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | No |
| Prepared per GAAP | No |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Hpep 4 | Private Equity | $77.1M |
| 2717 Gal | Private Equity | $51.8M |
| Hpep 3 | Private Equity | $50.5M |
See all 108 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is 423 Mag?
423 Mag reports $4.6 million in gross assets, among the top 86% of private funds by size.
What is the minimum investment for 423 Mag?
The stated minimum investment is $10,000.
Who manages 423 Mag?
423 Mag is managed by Harris Preston & Partners, LLC.
Does 423 Mag disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
H
Austin, TX
Service providers
Reported gross assets
$4.6M▲ 15%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 86%
Larger than 14% of 67,041 private funds
Gross assets vs Private Equity FundsTop 85%
Larger than 15% of 31,066 private equity funds
Minimum investmentTop 94%
Higher than 6% of funds reporting a minimum
Investor base
Adviser & related persons1%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.