# Pennarel 38 LP — Form D

Pennarel 38 LP of NEW YORK, NY, a pooled investment fund, filed a Form D exempt-offering notice with the SEC on 2025-08-18. The offering totals $26.0M, of which $4.7M was reported sold. Industry: Pooled Investment Fund.

## Offering

- Filed: 2025-08-18
- Form: D
- Accession: 0001013594-25-001071
- Industry: Pooled Investment Fund
- Exemptions: 06b, 3C, 3C.1
- Total offering: $26.0M
- Amount sold: $4.7M
- Remaining: $21.3M
- Minimum investment: $250K
- Investors: 12
- Date of first sale: 2025-05-23
- Security types: equity, fund interests
- Revenue range: Decline to Disclose
- SEC file number: 021-555064

## Issuer

- Name: Pennarel 38 LP
- CIK: 0002079064
- Entity type: Limited Partnership
- Jurisdiction: DELAWARE
- Incorporated: 2025
- Address: C/O AREL CAPITAL, L.P., NEW YORK, NY, 10022
- Phone: 212-920-4901

## Officers, directors & promoters (4)

| Name | Role | Location |
| --- | --- | --- |
| Gabriel Bousbib | Executive Officer | New York, NY |
| Richard Leibovitch | Executive Officer | New York, NY |
| Gabriel Bousbib | Promoter | New York, NY |
| Richard Leibovitch | Promoter | New York, NY |

## More

- [CIK 2079064 on SEC EDGAR (source of record)](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2079064&type=&dateb=&owner=include&count=40)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/formd/0001013594-25-001071.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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