Altera Defense Fund 2, LLC is a private equity fund based in Atlanta, Georgia. According to its most recent Form D, filed Mar 26, 2024, it has sold $13,250,000 of interests to 48 investors since its first sale in Jun 2023. The minimum investment it accepts from an outside investor is $200,000. 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; David Fershteyn; Altera Defense Fund 2 GP, LLC.
- Total raised
- $13,250,000Cumulative sales reported on Form D
- Investors
- 48
- First sale
- Jun 30, 2023
- Minimum investment
- $200,000
- 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; David Fershteyn; Altera Defense Fund 2 GP, LLC
- Latest Form D
- Mar 26, 2024
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 Defense Fund 2, LLC
What is the minimum investment for Altera Defense Fund 2, LLC?
According to its latest Form D, filed Mar 26, 2024, the minimum investment Altera Defense Fund 2, LLC accepts from an outside investor is $200,000.
Who can invest in Altera Defense Fund 2, LLC?
Altera Defense Fund 2, 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 Defense Fund 2, LLC raised?
Altera Defense Fund 2, LLC reports $13,250,000 sold from 48 investors on its Form D filed Mar 26, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Altera Defense Fund 2, LLC based?
Altera Defense Fund 2, LLC is based in Atlanta, Georgia.
When did Altera Defense Fund 2, LLC launch?
Altera Defense Fund 2, LLC reports its first sale in Jun 2023.
Size compared with every private equity fund
Raised more than 57% of the 123 private equity funds based in Georgia, and more than 46% of all 8,950 that report sales.