AltMountain

AAISL Development LP

Reedsville, PA · CIK 1591076
506(c)
Status: no Form D since Nov 2013. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

AAISL Development LP is a real estate fund based in Reedsville, Pennsylvania. Its most recent Form D, filed Nov 6, 2013, reports no sales yet. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include David McNitt.

Total raised
$0Cumulative sales reported on Form D
Investors
0
First sale
—
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
David McNitt
Latest Form D
Nov 6, 2013

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 AAISL Development LP

What is the minimum investment for AAISL Development LP?

According to its latest Form D, filed Nov 6, 2013, the minimum investment AAISL Development LP accepts from an outside investor is $50,000.

Who can invest in AAISL Development LP?

AAISL Development LP is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has AAISL Development LP raised?

AAISL Development LP's latest Form D, filed Nov 6, 2013, reports no sales yet.

Where is AAISL Development LP based?

AAISL Development LP is based in Reedsville, Pennsylvania.

Size compared with every real estate fund

This fund hasn't reported any sales yet.

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