American Resource Development Management LLC is an energy fund based in Austin, Texas. According to its most recent Form D, filed May 22, 2015, it has sold $50,000 of interests to 6 investors since its first sale in May 2015. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Reese Parker; Floyd Hammond; Eric Rhoden.
- Total raised
- $50,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- May 13, 2015
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Reese Parker; Floyd Hammond; Eric Rhoden
- Latest Form D
- May 22, 2015
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 American Resource Development Management LLC
What is the minimum investment for American Resource Development Management LLC?
American Resource Development Management LLC's latest Form D, filed May 22, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in American Resource Development Management LLC?
American Resource Development Management LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has American Resource Development Management LLC raised?
American Resource Development Management LLC reports $50,000 sold from 6 investors on its Form D filed May 22, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is American Resource Development Management LLC based?
American Resource Development Management LLC is based in Austin, Texas.
When did American Resource Development Management LLC launch?
American Resource Development Management LLC reports its first sale in May 2015.
Size compared with every energy fund
Raised more than 43% of the 350 energy funds based in Texas, and more than 2% of all 334 that report sales.