Allied Downhole Technologies, LLC is a private equity fund based in Dallas, Texas. According to its most recent Form D, filed Aug 29, 2016, it has sold $30,037,988 of interests to 10 investors since its first sale in Aug 2016. The minimum investment it accepts from an outside investor is $15,000. 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 David James; Richard Spears; Todd Tomlin.
- Total raised
- $30,037,988Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Aug 15, 2016
- Minimum investment
- $15,000
- 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
- David James; Richard Spears; Todd Tomlin
- Latest Form D
- Aug 29, 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 Allied Downhole Technologies, LLC
What is the minimum investment for Allied Downhole Technologies, LLC?
According to its latest Form D, filed Aug 29, 2016, the minimum investment Allied Downhole Technologies, LLC accepts from an outside investor is $15,000.
Who can invest in Allied Downhole Technologies, LLC?
Allied Downhole Technologies, 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 Allied Downhole Technologies, LLC raised?
Allied Downhole Technologies, LLC reports $30,037,988 sold from 10 investors on its Form D filed Aug 29, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Allied Downhole Technologies, LLC based?
Allied Downhole Technologies, LLC is based in Dallas, Texas.
When did Allied Downhole Technologies, LLC launch?
Allied Downhole Technologies, LLC reports its first sale in Aug 2016.
Size compared with every private equity fund
Raised more than 76% of the 1,403 private equity funds based in Texas, and more than 57% of all 8,950 that report sales.