Altera Extended Stay Development LLC
Altera Extended Stay Development LLC is a real estate fund organized in Delaware, United States and advised by Altera Private Access, LLC. Its adviser reported $4,207,304 in gross assets for the fund on Form ADV, filed Oct 7, 2024. It reported 31 beneficial owners. The minimum investment it accepts is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. It invests in other private funds (a fund of funds).
- Gross assets
- $4,207,304As reported on Form ADV
- Beneficial owners
- 31
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Real estate fund
- Domicile
- Delaware, United States
- Auditor
- Bennett Thrasher
- Administrator
- Maples Group
- Custodian
- Citibank, N.A.
- Adviser
- Altera Private Access, LLC · Atlanta, GA · CRD 287467
- Reported on
- Oct 7, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Altera Extended Stay Development LLC
What is the minimum investment for Altera Extended Stay Development LLC?
According to its adviser's Form ADV filed Oct 7, 2024, the minimum investment Altera Extended Stay Development LLC accepts is $100,000.
Who can invest in Altera Extended Stay Development LLC?
Altera Extended Stay Development 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).
How large is Altera Extended Stay Development LLC?
Its adviser reported $4,207,304 in gross assets on Form ADV filed Oct 7, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Altera Extended Stay Development LLC?
Altera Extended Stay Development LLC is advised by Altera Private Access, LLC, based in Atlanta, GA.
Who are Altera Extended Stay Development LLC's service providers?
Its Form ADV lists Bennett Thrasher as auditor and Maples Group as administrator.