Altera Storage Fund 4, LLC is a private equity fund based in Atlanta, Georgia. According to its most recent Form D, filed Oct 11, 2023, it has sold $16,360,000 of interests to 95 investors since its first sale in Dec 2022. 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 Altera Storage Fund 4 GP, LLC; Mitch Reiner; Altera Private Access, LLC.
- Total raised
- $16,360,000Cumulative sales reported on Form D
- Investors
- 95
- First sale
- Dec 28, 2022
- 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
- Altera Storage Fund 4 GP, LLC; Mitch Reiner; Altera Private Access, LLC
- Latest Form D
- Oct 11, 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
Questions about Altera Storage Fund 4, LLC
What is the minimum investment for Altera Storage Fund 4, LLC?
According to its latest Form D, filed Oct 11, 2023, the minimum investment Altera Storage Fund 4, LLC accepts from an outside investor is $200,000.
Who can invest in Altera Storage Fund 4, LLC?
Altera Storage Fund 4, 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 Storage Fund 4, LLC raised?
Altera Storage Fund 4, LLC reports $16,360,000 sold from 95 investors on its Form D filed Oct 11, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Altera Storage Fund 4, LLC based?
Altera Storage Fund 4, LLC is based in Atlanta, Georgia.
When did Altera Storage Fund 4, LLC launch?
Altera Storage Fund 4, LLC reports its first sale in Dec 2022.
Size compared with every private equity fund
Raised more than 61% of the 123 private equity funds based in Georgia, and more than 49% of all 8,896 that report sales.