Altera Growth Equity 2, LLC is a private equity fund based in Atlanta, Georgia. According to its most recent Form D, filed Oct 3, 2023, it has sold $12,625,000 of interests to 36 investors since its first sale in Mar 2022. 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; Altera Private Access, LLC; Altera Growth Equity 2 GP, LLC.
- Total raised
- $12,625,000Cumulative sales reported on Form D
- Investors
- 36
- First sale
- Mar 7, 2022
- 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; Altera Private Access, LLC; Altera Growth Equity 2 GP, LLC
- Latest Form D
- Oct 3, 2023
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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Oct 3, 2023 | Amendment | $12,625,000 | 36 | SEC.gov ↗ |
| Mar 22, 2023 | Amendment | $12,625,000 | 36 | SEC.gov ↗ |
| Mar 18, 2022 | First notice | $7,975,000 | 17 | SEC.gov ↗ |
3 Form D filings in the SEC's electronic records (2008 onward), the earliest on Mar 18, 2022. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about Altera Growth Equity 2, LLC
What is the minimum investment for Altera Growth Equity 2, LLC?
According to its latest Form D, filed Oct 3, 2023, the minimum investment Altera Growth Equity 2, LLC accepts from an outside investor is $200,000.
Who can invest in Altera Growth Equity 2, LLC?
Altera Growth Equity 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 Growth Equity 2, LLC raised?
Altera Growth Equity 2, LLC reports $12,625,000 sold from 36 investors on its Form D filed Oct 3, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Altera Growth Equity 2, LLC based?
Altera Growth Equity 2, LLC is based in Atlanta, Georgia.
When did Altera Growth Equity 2, LLC launch?
Altera Growth Equity 2, LLC reports its first sale in Mar 2022.
Size compared with every private equity fund
Raised more than 56% of the 123 private equity funds based in Georgia, and more than 46% of all 8,950 that report sales.