BDC Sunstone Two Tree LLC is a private investment fund based in Provo, Utah. According to its most recent Form D, filed Apr 23, 2026, it has sold $5,100,000 of interests to 10 investors since its first sale in Oct 2024. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Michael Bingham.
- Total raised
- $5,100,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Oct 7, 2024
- 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
- Michael Bingham
- Latest Form D
- Apr 23, 2026
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 BDC Sunstone Two Tree LLC
What is the minimum investment for BDC Sunstone Two Tree LLC?
According to its latest Form D, filed Apr 23, 2026, the minimum investment BDC Sunstone Two Tree LLC accepts from an outside investor is $100,000.
Who can invest in BDC Sunstone Two Tree LLC?
BDC Sunstone Two Tree 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 BDC Sunstone Two Tree LLC raised?
BDC Sunstone Two Tree LLC reports $5,100,000 sold from 10 investors on its Form D filed Apr 23, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is BDC Sunstone Two Tree LLC based?
BDC Sunstone Two Tree LLC is based in Provo, Utah.
When did BDC Sunstone Two Tree LLC launch?
BDC Sunstone Two Tree LLC reports its first sale in Oct 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 76% of the 197 private investment funds based in Utah, and more than 32% of all 10,266 that report sales.