AltMountain

Adam Smith Ventures, LLC

Rome, GA · CIK 1563621 · Sponsor: X Webb Creek Management Group, LLC
Status: no Form D since Jan 2014. 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.

Adam Smith Ventures, LLC is a real estate fund based in Rome, Georgia. According to its most recent Form D, filed Jan 8, 2014, it has sold $2,347,640 of interests to 57 investors since its first sale in Dec 2013. The minimum investment it accepts from an outside investor is $13,680. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Bryan Kelley; X Webb Creek Management Group, LLC.

Total raised
$2,347,640Cumulative sales reported on Form D
Investors
57
First sale
Dec 30, 2013
Minimum investment
$13,680
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Bryan Kelley; X Webb Creek Management Group, LLC
Latest Form D
Jan 8, 2014

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 Adam Smith Ventures, LLC

What is the minimum investment for Adam Smith Ventures, LLC?

According to its latest Form D, filed Jan 8, 2014, the minimum investment Adam Smith Ventures, LLC accepts from an outside investor is $13,680.

Who can invest in Adam Smith Ventures, LLC?

Adam Smith Ventures, 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 Adam Smith Ventures, LLC raised?

Adam Smith Ventures, LLC reports $2,347,640 sold from 57 investors on its Form D filed Jan 8, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is Adam Smith Ventures, LLC based?

Adam Smith Ventures, LLC is based in Rome, Georgia.

When did Adam Smith Ventures, LLC launch?

Adam Smith Ventures, LLC reports its first sale in Dec 2013.

Size compared with every real estate fund

Raised more than 69% of the 490 real estate funds based in Georgia, and more than 49% of all 7,322 that report sales.

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