Advanced Technology Select Fund VIII LLC
Advanced Technology Select Fund VIII LLC is a private equity fund based in Staten Island, New York. According to its most recent Form D, filed Oct 17, 2019, it has sold $8,649,750 of interests to 80 investors since its first sale in May 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 Richard Cardinale; L3 Capital Advisors, LLC.
- Total raised
- $8,649,750Cumulative sales reported on Form D
- Investors
- 80
- First sale
- May 17, 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
- Richard Cardinale; L3 Capital Advisors, LLC
- Latest Form D
- Oct 17, 2019
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 VIII LLC
What is the minimum investment for Advanced Technology Select Fund VIII LLC?
According to its latest Form D, filed Oct 17, 2019, the minimum investment Advanced Technology Select Fund VIII LLC accepts from an outside investor is $100,000.
Who can invest in Advanced Technology Select Fund VIII LLC?
Advanced Technology Select Fund VIII 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 VIII LLC raised?
Advanced Technology Select Fund VIII LLC reports $8,649,750 sold from 80 investors on its Form D filed Oct 17, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Advanced Technology Select Fund VIII LLC based?
Advanced Technology Select Fund VIII LLC is based in Staten Island, New York.
When did Advanced Technology Select Fund VIII LLC launch?
Advanced Technology Select Fund VIII LLC reports its first sale in May 2019.
Size compared with every private equity fund
Raised more than 58% of the 3,665 private equity funds based in New York, and more than 41% of all 8,896 that report sales.