AltMountain

Ascent Fund I, LLC

Rockwall, TX · CIK 1920212
Status: no Form D since Apr 2022. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Ascent Fund I, LLC is a private equity fund based in Rockwall, Texas. According to its most recent Form D, filed Apr 15, 2022, it has sold $241,000 of interests to 5 investors since its first sale in Apr 2022. The minimum investment it accepts from an outside investor is $25,000. 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 LLC Ascent Capital Partners.

Total raised
$241,000Cumulative sales reported on Form D
Investors
5
First sale
Apr 4, 2022
Minimum investment
$25,000
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
LLC Ascent Capital Partners
Latest Form D
Apr 15, 2022

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 Ascent Fund I, LLC

What is the minimum investment for Ascent Fund I, LLC?

According to its latest Form D, filed Apr 15, 2022, the minimum investment Ascent Fund I, LLC accepts from an outside investor is $25,000.

Who can invest in Ascent Fund I, LLC?

Ascent Fund I, 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 Ascent Fund I, LLC raised?

Ascent Fund I, LLC reports $241,000 sold from 5 investors on its Form D filed Apr 15, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Ascent Fund I, LLC based?

Ascent Fund I, LLC is based in Rockwall, Texas.

When did Ascent Fund I, LLC launch?

Ascent Fund I, LLC reports its first sale in Apr 2022.

Size compared with every private equity fund

Raised more than 47% of the 1,403 private equity funds based in Texas, and more than 9% of all 8,950 that report sales.

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