Baile LLC is a private investment fund based in Chicago, Illinois. According to its most recent Form D, filed Nov 15, 2019, it has sold $18,717,690 of interests to 27 investors since its first sale in Oct 2019. 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; Rodney Zech; David Namkung.
- Total raised
- $18,717,690Cumulative sales reported on Form D
- Investors
- 27
- First sale
- Oct 31, 2019
- 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; Rodney Zech; David Namkung
- Latest Form D
- Nov 15, 2019
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 LLC
What is the minimum investment for Baile LLC?
According to its latest Form D, filed Nov 15, 2019, the minimum investment Baile LLC accepts from an outside investor is $50,000.
Who can invest in Baile LLC?
Baile 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 LLC raised?
Baile LLC reports $18,717,690 sold from 27 investors on its Form D filed Nov 15, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Baile LLC based?
Baile LLC is based in Chicago, Illinois.
When did Baile LLC launch?
Baile LLC reports its first sale in Oct 2019.
Size compared with every private investment fund
Raised more than 47% of the 553 private investment funds based in Illinois, and more than 50% of all 10,248 that report sales.