Advanced Technology Select Fund IX LLC is a private equity fund based in New York, New York. According to its most recent Form D, filed Aug 18, 2020, it has sold $12,495,103 of interests to 88 investors since its first sale in Dec 2019. The minimum investment it accepts from an outside investor is $100,000. 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 KAJJ Management LLC; Kevin Chen.
- Total raised
- $12,495,103Cumulative sales reported on Form D
- Investors
- 88
- First sale
- Dec 13, 2019
- Minimum investment
- $100,000
- 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
- KAJJ Management LLC; Kevin Chen
- Latest Form D
- Aug 18, 2020
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 Advanced Technology Select Fund IX LLC
What is the minimum investment for Advanced Technology Select Fund IX LLC?
According to its latest Form D, filed Aug 18, 2020, the minimum investment Advanced Technology Select Fund IX LLC accepts from an outside investor is $100,000.
Who can invest in Advanced Technology Select Fund IX LLC?
Advanced Technology Select Fund IX 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 Advanced Technology Select Fund IX LLC raised?
Advanced Technology Select Fund IX LLC reports $12,495,103 sold from 88 investors on its Form D filed Aug 18, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Advanced Technology Select Fund IX LLC based?
Advanced Technology Select Fund IX LLC is based in New York, New York.
When did Advanced Technology Select Fund IX LLC launch?
Advanced Technology Select Fund IX LLC reports its first sale in Dec 2019.
Size compared with every private equity fund
Raised more than 60% of the 3,665 private equity funds based in New York, and more than 45% of all 8,896 that report sales.