185 Partners LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Oct 28, 2015, it has sold $2,750,000 of interests to 16 investors since its first sale in Oct 2015. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include SD Manager LLC; Jeffrey Shapack.
- Total raised
- $2,750,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Oct 20, 2015
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- SD Manager LLC; Jeffrey Shapack
- Latest Form D
- Oct 28, 2015
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 185 Partners LLC
What is the minimum investment for 185 Partners LLC?
185 Partners LLC's latest Form D, filed Oct 28, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 185 Partners LLC?
185 Partners LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has 185 Partners LLC raised?
185 Partners LLC reports $2,750,000 sold from 16 investors on its Form D filed Oct 28, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is 185 Partners LLC based?
185 Partners LLC is based in Chicago, Illinois.
When did 185 Partners LLC launch?
185 Partners LLC reports its first sale in Oct 2015.
Size compared with every real estate fund
Raised more than 67% of the 481 real estate funds based in Illinois, and more than 52% of all 7,349 that report sales.