AltMountain

Badlands NGLS, LLC

Walnut Creek, CA · CIK 1617146
Status: no Form D since Dec 2014. 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.

Badlands NGLS, LLC is an energy fund based in Walnut Creek, California. According to its most recent Form D, filed Dec 30, 2014, it has sold $11,023,871 of interests to 87 investors since its first sale in Aug 2014. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Mikhail Gurfinkel; David Firshein; William Gilliam.

Total raised
$11,023,871Cumulative sales reported on Form D
Investors
87
First sale
Aug 5, 2014
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Mikhail Gurfinkel; David Firshein; William Gilliam
Latest Form D
Dec 30, 2014

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 Badlands NGLS, LLC

What is the minimum investment for Badlands NGLS, LLC?

According to its latest Form D, filed Dec 30, 2014, the minimum investment Badlands NGLS, LLC accepts from an outside investor is $25,000.

Who can invest in Badlands NGLS, LLC?

Badlands NGLS, 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 Badlands NGLS, LLC raised?

Badlands NGLS, LLC reports $11,023,871 sold from 87 investors on its Form D filed Dec 30, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is Badlands NGLS, LLC based?

Badlands NGLS, LLC is based in Walnut Creek, California.

When did Badlands NGLS, LLC launch?

Badlands NGLS, LLC reports its first sale in Aug 2014.

Size compared with every energy fund

Raised more than 38% of the 8 energy funds based in California, and more than 75% of all 334 that report sales.

Similar-size energy funds in California

All energy funds in California