Altera QSBS Fund, LLC is a private investment fund based in Atlanta, Georgia. According to its most recent Form D, filed Oct 5, 2026, it has sold $12,750,000 of interests to 3 investors since its first sale in Sep 2026. The minimum investment it accepts from an outside investor is $500,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Altera QSBS Fund GP, LLC; Altera Private Access, LLC; David Fershteyn.
- Total raised
- $12,750,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Sep 30, 2026
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Altera QSBS Fund GP, LLC; Altera Private Access, LLC; David Fershteyn
- Latest Form D
- Oct 5, 2026
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 QSBS Fund, LLC
What is the minimum investment for Altera QSBS Fund, LLC?
According to its latest Form D, filed Oct 5, 2026, the minimum investment Altera QSBS Fund, LLC accepts from an outside investor is $500,000.
Who can invest in Altera QSBS Fund, LLC?
Altera QSBS Fund, 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 QSBS Fund, LLC raised?
Altera QSBS Fund, LLC reports $12,750,000 sold from 3 investors on its Form D filed Oct 5, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Altera QSBS Fund, LLC based?
Altera QSBS Fund, LLC is based in Atlanta, Georgia and is managed by Altera Private Access, LLC.
When did Altera QSBS Fund, LLC launch?
Altera QSBS Fund, LLC reports its first sale in Sep 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 53% of the 237 private investment funds based in Georgia, and more than 45% of all 10,266 that report sales.