Lincoln Park 2025 Fund LP files an open-ended private equity / buyout fund

New fund · Private equity / buyout · Pre-first close · WEST CONSHOHOCKEN, PA · Form D filed 2025-02-28 · all Lincoln Park vehicles

3(c)(7) — qualified purchasersPre-first closeFirst filing by this entity

Why now — by persona

Relevant to: Fund administrator, Fund audit & tax, Fund-formation counsel. Lead card pending.

N/A PPB Advisors, LLC	Related person is investment manager of issuer
N/A PPB LP 2025 Mgt LLC	Related person is general partner of issuer
Brendan Lake	Related person is managing member of general partner of issuer

Signed by Brendan W Lake, Managing Member of General Partner.

The issuer's phone number and address from the filing are shown to subscribers. See plans, or read it on EDGAR.

Fund raise update · Private equity / buyout · Open-ended · Offering Indefinite · Sold $96.2M · WEST CONSHOHOCKEN, PA · filed 2026-03-26

3(c)(7) — qualified purchasers