AltMountain

Ashley Square Associates LLC

Santa Monica, CA · CIK 1718045
Status: no Form D since Sep 2017. 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.

Ashley Square Associates LLC is a real estate fund based in Santa Monica, California. According to its most recent Form D, filed Sep 28, 2017, it has sold $2,225,000 of interests to 14 investors since its first sale in Aug 2012. The filing does not set a minimum investment. 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 Ejnar Knudsen; Raju Shah; Craton Capital Management, LLC.

Total raised
$2,225,000Cumulative sales reported on Form D
Investors
14
First sale
Aug 3, 2012
Minimum investment
None set
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
Ejnar Knudsen; Raju Shah; Craton Capital Management, LLC
Latest Form D
Sep 28, 2017

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 Ashley Square Associates LLC

What is the minimum investment for Ashley Square Associates LLC?

Ashley Square Associates LLC's latest Form D, filed Sep 28, 2017, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Ashley Square Associates LLC?

Ashley Square Associates 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 Ashley Square Associates LLC raised?

Ashley Square Associates LLC reports $2,225,000 sold from 14 investors on its Form D filed Sep 28, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Ashley Square Associates LLC based?

Ashley Square Associates LLC is based in Santa Monica, California.

When did Ashley Square Associates LLC launch?

Ashley Square Associates LLC reports its first sale in Aug 2012.

Size compared with every real estate fund

Raised more than 61% of the 1,090 real estate funds based in California, and more than 48% of all 7,321 that report sales.

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