Banner Clean Partners, LLC is a private equity fund based in Lehi, Utah. According to its most recent Form D, filed Oct 4, 2023, it has sold $35,431,212 of interests to 25 investors since its first sale in Jun 2022. The filing does not set a minimum investment. 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 Banner Founders, LLC; Tanner Ainge.
- Total raised
- $35,431,212Cumulative sales reported on Form D
- Investors
- 25
- First sale
- Jun 10, 2022
- Minimum investment
- None set
- 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
- Banner Founders, LLC; Tanner Ainge
- Latest Form D
- Oct 4, 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 Banner Clean Partners, LLC
What is the minimum investment for Banner Clean Partners, LLC?
Banner Clean Partners, LLC's latest Form D, filed Oct 4, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Banner Clean Partners, LLC?
Banner Clean Partners, 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 Banner Clean Partners, LLC raised?
Banner Clean Partners, LLC reports $35,431,212 sold from 25 investors on its Form D filed Oct 4, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Banner Clean Partners, LLC based?
Banner Clean Partners, LLC is based in Lehi, Utah.
When did Banner Clean Partners, LLC launch?
Banner Clean Partners, LLC reports its first sale in Jun 2022.
Size compared with every private equity fund
Raised more than 93% of the 228 private equity funds based in Utah, and more than 59% of all 8,950 that report sales.