Altera Blockchain Fund, LLC is a private equity fund based in Atlanta, Georgia. According to its most recent Form D, filed Mar 25, 2022, it has sold $7,350,000 of interests to 45 investors since its first sale in Mar 2022. The minimum investment it accepts from an outside investor is $100,000. 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 Mitch Reiner; Altera Private Access, LLC; Altera Blockchain Fund GP, LLC.
- Total raised
- $7,350,000Cumulative sales reported on Form D
- Investors
- 45
- First sale
- Mar 16, 2022
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Mitch Reiner; Altera Private Access, LLC; Altera Blockchain Fund GP, LLC
- Latest Form D
- Mar 25, 2022
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 Blockchain Fund, LLC
What is the minimum investment for Altera Blockchain Fund, LLC?
According to its latest Form D, filed Mar 25, 2022, the minimum investment Altera Blockchain Fund, LLC accepts from an outside investor is $100,000.
Who can invest in Altera Blockchain Fund, LLC?
Altera Blockchain 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 Altera Blockchain Fund, LLC raised?
Altera Blockchain Fund, LLC reports $7,350,000 sold from 45 investors on its Form D filed Mar 25, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Altera Blockchain Fund, LLC based?
Altera Blockchain Fund, LLC is based in Atlanta, Georgia.
When did Altera Blockchain Fund, LLC launch?
Altera Blockchain Fund, LLC reports its first sale in Mar 2022.
Size compared with every private equity fund
Raised more than 49% of the 123 private equity funds based in Georgia, and more than 39% of all 8,896 that report sales.