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Advanced Technology Select Fund V LLC

New York, NY · CIK 1742471 · Sponsor: L3 Capital Advisors LLC
Status: no Form D since Nov 2018. 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.

Advanced Technology Select Fund V LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Nov 13, 2018, it has sold $10,628,769 of interests to 80 investors since its first sale in May 2018. 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 L3 Capital Advisors LLC; Richard Cardinale.

Total raised
$10,628,769Cumulative sales reported on Form D
Investors
80
First sale
May 22, 2018
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
L3 Capital Advisors LLC; Richard Cardinale
Latest Form D
Nov 13, 2018

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 V LLC

What is the minimum investment for Advanced Technology Select Fund V LLC?

According to its latest Form D, filed Nov 13, 2018, the minimum investment Advanced Technology Select Fund V LLC accepts from an outside investor is $100,000.

Who can invest in Advanced Technology Select Fund V LLC?

Advanced Technology Select Fund V 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 V LLC raised?

Advanced Technology Select Fund V LLC reports $10,628,769 sold from 80 investors on its Form D filed Nov 13, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Advanced Technology Select Fund V LLC based?

Advanced Technology Select Fund V LLC is based in New York, New York.

When did Advanced Technology Select Fund V LLC launch?

Advanced Technology Select Fund V LLC reports its first sale in May 2018.

Size compared with every private investment fund

Raised more than 48% of the 2,823 private investment funds based in New York, and more than 42% of all 10,266 that report sales.

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