Altera Big Blue PA, LLC is a private equity fund based in Atlanta, Georgia. According to its most recent Form D, filed May 2, 2019, it has sold $1,065,000 of interests to 16 investors since its first sale in Apr 2019. The minimum investment it accepts from an outside investor is $100,000. 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 Chadd Evans; Altera Big Blue PA GP, LLC; Mitch Reiner.
- Total raised
- $1,065,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Apr 29, 2019
- Minimum investment
- $100,000
- 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
- Chadd Evans; Altera Big Blue PA GP, LLC; Mitch Reiner
- Latest Form D
- May 2, 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 Altera Big Blue PA, LLC
What is the minimum investment for Altera Big Blue PA, LLC?
According to its latest Form D, filed May 2, 2019, the minimum investment Altera Big Blue PA, LLC accepts from an outside investor is $100,000.
Who can invest in Altera Big Blue PA, LLC?
Altera Big Blue PA, 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, LLC raised?
Altera Big Blue PA, LLC reports $1,065,000 sold from 16 investors on its Form D filed May 2, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Altera Big Blue PA, LLC based?
Altera Big Blue PA, LLC is based in Atlanta, Georgia.
When did Altera Big Blue PA, LLC launch?
Altera Big Blue PA, LLC reports its first sale in Apr 2019.
Size compared with every private equity fund
Raised more than 28% of the 123 private equity funds based in Georgia, and more than 22% of all 8,896 that report sales.