Altera Self Storage PA LLC is a private equity fund based in Atlanta, Georgia. According to its most recent Form D, filed Apr 14, 2020, it has sold $6,775,000 of interests to 17 investors since its first sale in Mar 2020. The minimum investment it accepts from an outside investor is $100,000. 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 Altera Private Access, LLC; Mitch Reiner; Chadd Evans.
- Total raised
- $6,775,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Mar 23, 2020
- Minimum investment
- $100,000
- 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
- Altera Private Access, LLC; Mitch Reiner; Chadd Evans
- Latest Form D
- Apr 14, 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 Self Storage PA LLC
What is the minimum investment for Altera Self Storage PA LLC?
According to its latest Form D, filed Apr 14, 2020, the minimum investment Altera Self Storage PA LLC accepts from an outside investor is $100,000.
Who can invest in Altera Self Storage PA LLC?
Altera Self Storage PA 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 Self Storage PA LLC raised?
Altera Self Storage PA LLC reports $6,775,000 sold from 17 investors on its Form D filed Apr 14, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Altera Self Storage PA LLC based?
Altera Self Storage PA LLC is based in Atlanta, Georgia.
When did Altera Self Storage PA LLC launch?
Altera Self Storage PA LLC reports its first sale in Mar 2020.
Size compared with every private equity fund
Raised more than 48% of the 123 private equity funds based in Georgia, and more than 38% of all 8,896 that report sales.