Aura Member LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Jun 12, 2025, it has sold $6,325,000 of interests to 68 investors since its first sale in May 2025. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Drew Breneman; Aura Manager LLC.
- Total raised
- $6,325,000Cumulative sales reported on Form D
- Investors
- 68
- First sale
- May 14, 2025
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Drew Breneman; Aura Manager LLC
- Latest Form D
- Jun 12, 2025
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 Aura Member LLC
What is the minimum investment for Aura Member LLC?
According to its latest Form D, filed Jun 12, 2025, the minimum investment Aura Member LLC accepts from an outside investor is $50,000.
Who can invest in Aura Member LLC?
Aura Member LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Aura Member LLC raised?
Aura Member LLC reports $6,325,000 sold from 68 investors on its Form D filed Jun 12, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Aura Member LLC based?
Aura Member LLC is based in Chicago, Illinois.
When did Aura Member LLC launch?
Aura Member LLC reports its first sale in May 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 75% of the 481 real estate funds based in Illinois, and more than 70% of all 7,350 that report sales.