Altera Big Blue PA 2, LLC is a private equity fund based in Atlanta, Georgia. According to its most recent Form D, filed Oct 29, 2020, it has sold $325,000 of interests to 4 investors since its first sale in May 2020. The minimum investment it accepts from an outside investor is $25,000. 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 Mitch Reiner; Altera Private Access LLC; Altera Big Blue PA GP, LLC.
- Total raised
- $325,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- May 12, 2020
- Minimum investment
- $25,000
- 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
- Mitch Reiner; Altera Private Access LLC; Altera Big Blue PA GP, LLC
- Latest Form D
- Oct 29, 2020
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 Altera Big Blue PA 2, LLC
What is the minimum investment for Altera Big Blue PA 2, LLC?
According to its latest Form D, filed Oct 29, 2020, the minimum investment Altera Big Blue PA 2, LLC accepts from an outside investor is $25,000.
Who can invest in Altera Big Blue PA 2, LLC?
Altera Big Blue PA 2, 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 Altera Big Blue PA 2, LLC raised?
Altera Big Blue PA 2, LLC reports $325,000 sold from 4 investors on its Form D filed Oct 29, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Altera Big Blue PA 2, LLC based?
Altera Big Blue PA 2, LLC is based in Atlanta, Georgia.
When did Altera Big Blue PA 2, LLC launch?
Altera Big Blue PA 2, LLC reports its first sale in May 2020.
Size compared with every private equity fund
Raised more than 23% of the 123 private equity funds based in Georgia, and more than 12% of all 8,896 that report sales.