BAM-SmartSky LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed May 24, 2021, it has sold $2,210,455 of interests to 12 investors since its first sale in May 2021. The minimum investment it accepts from an outside investor is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include LLC Brean Asset Management; LLC Assure Fund Management II; Richard Thoms.
- Total raised
- $2,210,455Cumulative sales reported on Form D
- Investors
- 12
- First sale
- May 20, 2021
- Minimum investment
- $25,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- LLC Brean Asset Management; LLC Assure Fund Management II; Richard Thoms
- Latest Form D
- May 24, 2021
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 BAM-SmartSky LLC
What is the minimum investment for BAM-SmartSky LLC?
According to its latest Form D, filed May 24, 2021, the minimum investment BAM-SmartSky LLC accepts from an outside investor is $25,000.
Who can invest in BAM-SmartSky LLC?
BAM-SmartSky 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(c), so it may advertise, but every investor must be verified as accredited.
How much has BAM-SmartSky LLC raised?
BAM-SmartSky LLC reports $2,210,455 sold from 12 investors on its Form D filed May 24, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is BAM-SmartSky LLC based?
BAM-SmartSky LLC is based in New York, New York.
When did BAM-SmartSky LLC launch?
BAM-SmartSky LLC reports its first sale in May 2021.
Size compared with every private investment fund
Raised more than 33% of the 2,823 private investment funds based in New York, and more than 22% of all 10,266 that report sales.