Algonquin Management, LLC is a real estate fund based in Detroit, Michigan. According to its most recent Form D, filed Sep 1, 2022, it has sold $300,000 of interests to 2 investors since its first sale in Jun 2022. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Stephan Cubba; Phillip Pitters.
- Total raised
- $300,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Jun 8, 2022
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Stephan Cubba; Phillip Pitters
- Latest Form D
- Sep 1, 2022
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 Algonquin Management, LLC
What is the minimum investment for Algonquin Management, LLC?
According to its latest Form D, filed Sep 1, 2022, the minimum investment Algonquin Management, LLC accepts from an outside investor is $50,000.
Who can invest in Algonquin Management, LLC?
Algonquin Management, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Algonquin Management, LLC raised?
Algonquin Management, LLC reports $300,000 sold from 2 investors on its Form D filed Sep 1, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Algonquin Management, LLC based?
Algonquin Management, LLC is based in Detroit, Michigan.
When did Algonquin Management, LLC launch?
Algonquin Management, LLC reports its first sale in Jun 2022.
Size compared with every real estate fund
Raised more than 29% of the 103 real estate funds based in Michigan, and more than 20% of all 7,349 that report sales.