Alpha Funds, LLC. is a private investment fund based in Chicago, Illinois. According to its most recent Form D, filed Dec 26, 2019, it has sold $245,150,000 of interests to 5 investors since its first sale in Dec 2019. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Lee Simmons.
- Total raised
- $245,150,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Dec 9, 2019
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Lee Simmons
- Latest Form D
- Dec 26, 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 Alpha Funds, LLC.
What is the minimum investment for Alpha Funds, LLC.?
According to its latest Form D, filed Dec 26, 2019, the minimum investment Alpha Funds, LLC. accepts from an outside investor is $1,000,000.
Who can invest in Alpha Funds, LLC.?
Alpha Funds, LLC. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Alpha Funds, LLC. raised?
Alpha Funds, LLC. reports $245,150,000 sold from 5 investors on its Form D filed Dec 26, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Alpha Funds, LLC. based?
Alpha Funds, LLC. is based in Chicago, Illinois.
When did Alpha Funds, LLC. launch?
Alpha Funds, LLC. reports its first sale in Dec 2019.
Size compared with every private investment fund
Raised more than 74% of the 553 private investment funds based in Illinois, and more than 81% of all 10,255 that report sales.