993 Summit Funding LP
993 Summit Funding LP is a private investment fund based in Woodmere, New York. According to its most recent Form D, filed Aug 2, 2017, it has sold $820,000 of interests to 10 investors since its first sale in Jul 2015. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Samuels; Isaac Fried.
- Total raised
- $820,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Jul 16, 2015
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $1 - $5,000,000Self-reported
- Key people and entities
- David Samuels; Isaac Fried
- Latest Form D
- Aug 2, 2017
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 993 Summit Funding LP
What is the minimum investment for 993 Summit Funding LP?
According to its latest Form D, filed Aug 2, 2017, the minimum investment 993 Summit Funding LP accepts from an outside investor is $50,000.
Who can invest in 993 Summit Funding LP?
993 Summit Funding LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has 993 Summit Funding LP raised?
993 Summit Funding LP reports $820,000 sold from 10 investors on its Form D filed Aug 2, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is 993 Summit Funding LP based?
993 Summit Funding LP is based in Woodmere, New York.
When did 993 Summit Funding LP launch?
993 Summit Funding LP reports its first sale in Jul 2015.
Size compared with every private investment fund
Raised more than 28% of the 2,834 private investment funds based in New York, and more than 12% of all 10,287 that report sales.