Altair Secondaries Fund, LLC
Altair Secondaries Fund, LLC is a private equity fund based in Los Angeles, California. According to its most recent Form D, filed Oct 25, 2016, it has sold $51,275,000 of interests to 107 investors since its first sale in Oct 2016. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Craig Jorasch; James Conn Sr; Charles Moore.
- Total raised
- $51,275,000Cumulative sales reported on Form D
- Investors
- 107
- First sale
- Oct 19, 2016
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Craig Jorasch; James Conn Sr; Charles Moore
- Latest Form D
- Oct 25, 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 Altair Secondaries Fund, LLC
What is the minimum investment for Altair Secondaries Fund, LLC?
Altair Secondaries Fund, LLC's latest Form D, filed Oct 25, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Altair Secondaries Fund, LLC?
Altair Secondaries Fund, 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(b), which does not allow general advertising.
How much has Altair Secondaries Fund, LLC raised?
Altair Secondaries Fund, LLC reports $51,275,000 sold from 107 investors on its Form D filed Oct 25, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Altair Secondaries Fund, LLC based?
Altair Secondaries Fund, LLC is based in Los Angeles, California.
When did Altair Secondaries Fund, LLC launch?
Altair Secondaries Fund, LLC reports its first sale in Oct 2016.
Size compared with every private equity fund
Raised more than 82% of the 1,744 private equity funds based in California, and more than 64% of all 8,896 that report sales.