ADC Holdings, LLC is a private investment fund based in Adair, Iowa. According to its most recent Form D, filed Oct 23, 2025, it has sold $3,700,000 of interests to 20 investors since its first sale in Sep 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Scott Lukan; Infusion Equity Group, LLC; Mitchell Nelson.
- Total raised
- $3,700,000Cumulative sales reported on Form D
- Investors
- 20
- First sale
- Sep 29, 2025
- 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
- Key people and entities
- Scott Lukan; Infusion Equity Group, LLC; Mitchell Nelson
- Latest Form D
- Oct 23, 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 ADC Holdings, LLC
What is the minimum investment for ADC Holdings, LLC?
According to its latest Form D, filed Oct 23, 2025, the minimum investment ADC Holdings, LLC accepts from an outside investor is $50,000.
Who can invest in ADC Holdings, LLC?
ADC Holdings, 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 ADC Holdings, LLC raised?
ADC Holdings, LLC reports $3,700,000 sold from 20 investors on its Form D filed Oct 23, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is ADC Holdings, LLC based?
ADC Holdings, LLC is based in Adair, Iowa.
When did ADC Holdings, LLC launch?
ADC Holdings, LLC reports its first sale in Sep 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 private investment fund
Raised more than 60% of the 47 private investment funds based in Iowa, and more than 28% of all 10,311 that report sales.