Bakken Advantage Fund, LLC
Bakken Advantage Fund, LLC is a private investment fund based in Williston, North Dakota. According to its most recent Form D, filed Oct 3, 2014, it has sold $1,000,000 of interests to 3 investors since its first sale in Mar 2014. The minimum investment it accepts from an outside investor is $100,000. 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 Touraj Vedadi; Patrick Murphy; Joseph Kachuroi.
- Total raised
- $1,000,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Mar 11, 2014
- Minimum investment
- $100,000
- 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
- Touraj Vedadi; Patrick Murphy; Joseph Kachuroi
- Latest Form D
- Oct 3, 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 Bakken Advantage Fund, LLC
What is the minimum investment for Bakken Advantage Fund, LLC?
According to its latest Form D, filed Oct 3, 2014, the minimum investment Bakken Advantage Fund, LLC accepts from an outside investor is $100,000.
Who can invest in Bakken Advantage Fund, LLC?
Bakken Advantage Fund, 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 Bakken Advantage Fund, LLC raised?
Bakken Advantage Fund, LLC reports $1,000,000 sold from 3 investors on its Form D filed Oct 3, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Bakken Advantage Fund, LLC based?
Bakken Advantage Fund, LLC is based in Williston, North Dakota.
When did Bakken Advantage Fund, LLC launch?
Bakken Advantage Fund, LLC reports its first sale in Mar 2014.
Size compared with every private investment fund
Raised more than 20% of the 5 private investment funds based in North Dakota, and more than 14% of all 10,333 that report sales.