Advanced Technology Select Fund LLC
Advanced Technology Select Fund LLC is a private equity fund based in Staten Island, New York. According to its most recent Form D, filed May 2, 2016, it has sold $24,030,103 of interests to 100 investors since its first sale in Mar 2015. 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 Richard Cardinale.
- Total raised
- $24,030,103Cumulative sales reported on Form D
- Investors
- 100
- First sale
- Mar 13, 2015
- 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
- Richard Cardinale
- Latest Form D
- May 2, 2016
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 LLC
What is the minimum investment for Advanced Technology Select Fund LLC?
According to its latest Form D, filed May 2, 2016, the minimum investment Advanced Technology Select Fund LLC accepts from an outside investor is $100,000.
Who can invest in Advanced Technology Select Fund LLC?
Advanced Technology Select Fund 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 LLC raised?
Advanced Technology Select Fund LLC reports $24,030,103 sold from 100 investors on its Form D filed May 2, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Advanced Technology Select Fund LLC based?
Advanced Technology Select Fund LLC is based in Staten Island, New York.
When did Advanced Technology Select Fund LLC launch?
Advanced Technology Select Fund LLC reports its first sale in Mar 2015.
Size compared with every private equity fund
Raised more than 64% of the 3,662 private equity funds based in New York, and more than 54% of all 8,896 that report sales.