Abacus Fund I, LLC
Abacus Fund I, LLC is a private equity fund based in Birmingham, Alabama. According to its most recent Form D, filed Mar 28, 2024, it has sold $67,046,896 of interests to 91 investors since its first sale in Sep 2022. The minimum investment it accepts from an outside investor is $8,000. 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 Robert Israel; Dan Nguyen; Abacus General Partners, LLC.
- Total raised
- $67,046,896Cumulative sales reported on Form D
- Investors
- 91
- First sale
- Sep 21, 2022
- Minimum investment
- $8,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Robert Israel; Dan Nguyen; Abacus General Partners, LLC
- Latest Form D
- Mar 28, 2024
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 Abacus Fund I, LLC
What is the minimum investment for Abacus Fund I, LLC?
According to its latest Form D, filed Mar 28, 2024, the minimum investment Abacus Fund I, LLC accepts from an outside investor is $8,000.
Who can invest in Abacus Fund I, LLC?
Abacus Fund I, LLC 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 Abacus Fund I, LLC raised?
Abacus Fund I, LLC reports $67,046,896 sold from 91 investors on its Form D filed Mar 28, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Abacus Fund I, LLC based?
Abacus Fund I, LLC is based in Birmingham, Alabama.
When did Abacus Fund I, LLC launch?
Abacus Fund I, LLC reports its first sale in Sep 2022.
Size compared with every private equity fund
Raised more than 56% of the 9 private equity funds based in Alabama, and more than 68% of all 8,896 that report sales.