Advanced Technology Select Fund XI LLC
Advanced Technology Select Fund XI LLC is a private equity fund based in Boca Raton, Florida. According to its most recent Form D, filed Jul 23, 2021, it has sold $27,555,672 of interests to 99 investors since its first sale in Aug 2020. 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 JJC Asset Management LLC; Kevin Chen.
- Total raised
- $27,555,672Cumulative sales reported on Form D
- Investors
- 99
- First sale
- Aug 6, 2020
- 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
- JJC Asset Management LLC; Kevin Chen
- Latest Form D
- Jul 23, 2021
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 XI LLC
What is the minimum investment for Advanced Technology Select Fund XI LLC?
According to its latest Form D, filed Jul 23, 2021, the minimum investment Advanced Technology Select Fund XI LLC accepts from an outside investor is $100,000.
Who can invest in Advanced Technology Select Fund XI LLC?
Advanced Technology Select Fund XI 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 XI LLC raised?
Advanced Technology Select Fund XI LLC reports $27,555,672 sold from 99 investors on its Form D filed Jul 23, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Advanced Technology Select Fund XI LLC based?
Advanced Technology Select Fund XI LLC is based in Boca Raton, Florida.
When did Advanced Technology Select Fund XI LLC launch?
Advanced Technology Select Fund XI LLC reports its first sale in Aug 2020.
Size compared with every private equity fund
Raised more than 87% of the 782 private equity funds based in Florida, and more than 56% of all 8,896 that report sales.