20 Katydid LLC is a real estate fund based in West Palm Beach, Florida. According to its most recent Form D, filed Aug 14, 2025, it has sold $1,175,000 of interests to 10 investors since its first sale in Aug 2025. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Jane Fensterstock; Lee Fensterstock.
- Total raised
- $1,175,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Aug 11, 2025
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jane Fensterstock; Lee Fensterstock
- Latest Form D
- Aug 14, 2025
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 20 Katydid LLC
What is the minimum investment for 20 Katydid LLC?
According to its latest Form D, filed Aug 14, 2025, the minimum investment 20 Katydid LLC accepts from an outside investor is $25,000.
Who can invest in 20 Katydid LLC?
20 Katydid 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 20 Katydid LLC raised?
20 Katydid LLC reports $1,175,000 sold from 10 investors on its Form D filed Aug 14, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is 20 Katydid LLC based?
20 Katydid LLC is based in West Palm Beach, Florida.
When did 20 Katydid LLC launch?
20 Katydid LLC reports its first sale in Aug 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 45% of the 618 real estate funds based in Florida, and more than 35% of all 7,350 that report sales.