Altera Level 5 PA, LLC is a private equity fund based in Atlanta, Georgia. According to its most recent Form D, filed Feb 11, 2020, it has sold $2,512,500 of interests to 4 investors since its first sale in Jun 2019. 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 Chadd Evans; Altera Level 5 PA GP, LLC; Mitch Reiner.
- Total raised
- $2,512,500Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Jun 17, 2019
- 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
- Chadd Evans; Altera Level 5 PA GP, LLC; Mitch Reiner
- Latest Form D
- Feb 11, 2020
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 Level 5 PA, LLC
What is the minimum investment for Altera Level 5 PA, LLC?
According to its latest Form D, filed Feb 11, 2020, the minimum investment Altera Level 5 PA, LLC accepts from an outside investor is $100,000.
Who can invest in Altera Level 5 PA, LLC?
Altera Level 5 PA, 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 Level 5 PA, LLC raised?
Altera Level 5 PA, LLC reports $2,512,500 sold from 4 investors on its Form D filed Feb 11, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Altera Level 5 PA, LLC based?
Altera Level 5 PA, LLC is based in Atlanta, Georgia.
When did Altera Level 5 PA, LLC launch?
Altera Level 5 PA, LLC reports its first sale in Jun 2019.
Size compared with every private equity fund
Raised more than 33% of the 123 private equity funds based in Georgia, and more than 28% of all 8,896 that report sales.