AltMountain

Astral Capital EVOL, LLC

Chestnut Hill, MA · CIK 1723934
Status: no Form D since Dec 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.

Astral Capital EVOL, LLC is a venture capital fund based in Chestnut Hill, Massachusetts. According to its most recent Form D, filed Dec 1, 2017, it has sold $48,900,000 of interests to 51 investors since its first sale in Nov 2017. 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 Astral Capital, LLC; Astral Capital EVOL Manager, LLC; Jon Karlen.

Total raised
$48,900,000Cumulative sales reported on Form D
Investors
51
First sale
Nov 20, 2017
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
Astral Capital, LLC; Astral Capital EVOL Manager, LLC; Jon Karlen
Latest Form D
Dec 1, 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 Astral Capital EVOL, LLC

What is the minimum investment for Astral Capital EVOL, LLC?

Astral Capital EVOL, LLC's latest Form D, filed Dec 1, 2017, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Astral Capital EVOL, LLC?

Astral Capital EVOL, 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 Astral Capital EVOL, LLC raised?

Astral Capital EVOL, LLC reports $48,900,000 sold from 51 investors on its Form D filed Dec 1, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Astral Capital EVOL, LLC based?

Astral Capital EVOL, LLC is based in Chestnut Hill, Massachusetts.

When did Astral Capital EVOL, LLC launch?

Astral Capital EVOL, LLC reports its first sale in Nov 2017.

Size compared with every venture capital fund

Raised more than 92% of the 532 venture capital funds based in Massachusetts, and more than 96% of all 14,875 that report sales.

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