Altera Ios Fund, LLC is a private investment fund based in Atlanta, Georgia. According to its most recent Form D, filed Mar 25, 2024, it has sold $11,200,000 of interests to 42 investors since its first sale in Nov 2023. The minimum investment it accepts from an outside investor is $200,000. 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 David Fershteyn; Altera IOS Fund GP, LLC; Altera Private Access, LLC.
- Total raised
- $11,200,000Cumulative sales reported on Form D
- Investors
- 42
- First sale
- Nov 14, 2023
- Minimum investment
- $200,000
- 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
- David Fershteyn; Altera IOS Fund GP, LLC; Altera Private Access, LLC
- Latest Form D
- Mar 25, 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 Ios Fund, LLC
What is the minimum investment for Altera Ios Fund, LLC?
According to its latest Form D, filed Mar 25, 2024, the minimum investment Altera Ios Fund, LLC accepts from an outside investor is $200,000.
Who can invest in Altera Ios Fund, LLC?
Altera Ios Fund, 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 Ios Fund, LLC raised?
Altera Ios Fund, LLC reports $11,200,000 sold from 42 investors on its Form D filed Mar 25, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Altera Ios Fund, LLC based?
Altera Ios Fund, LLC is based in Atlanta, Georgia.
When did Altera Ios Fund, LLC launch?
Altera Ios Fund, LLC reports its first sale in Nov 2023.
Size compared with every private investment fund
Raised more than 49% of the 237 private investment funds based in Georgia, and more than 43% of all 10,266 that report sales.