Baile II LLC is a private investment fund based in Chicago, Illinois. According to its most recent Form D, filed Jul 17, 2023, it has sold $6,000,000 of interests to 53 investors since its first sale in Jun 2023. The minimum investment it accepts from an outside investor is $50,000. 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 Suzanne Yoon; David Namkung.
- Total raised
- $6,000,000Cumulative sales reported on Form D
- Investors
- 53
- First sale
- Jun 12, 2023
- Minimum investment
- $50,000
- 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
- Suzanne Yoon; David Namkung
- Latest Form D
- Jul 17, 2023
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 Baile II LLC
What is the minimum investment for Baile II LLC?
According to its latest Form D, filed Jul 17, 2023, the minimum investment Baile II LLC accepts from an outside investor is $50,000.
Who can invest in Baile II LLC?
Baile II 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 Baile II LLC raised?
Baile II LLC reports $6,000,000 sold from 53 investors on its Form D filed Jul 17, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Baile II LLC based?
Baile II LLC is based in Chicago, Illinois.
When did Baile II LLC launch?
Baile II LLC reports its first sale in Jun 2023.
Size compared with every private investment fund
Raised more than 36% of the 553 private investment funds based in Illinois, and more than 34% of all 10,266 that report sales.