Beignet Direct, LLC is a private investment fund based in Boston, Massachusetts. According to its most recent Form D, filed Apr 14, 2021, it has sold $863,600,000 of interests to 2 investors since its first sale in Dec 2020. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Erik Brooks; Fadi Chehade.
- Total raised
- $863,600,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Dec 29, 2020
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Erik Brooks; Fadi Chehade
- Latest Form D
- Apr 14, 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 Beignet Direct, LLC
What is the minimum investment for Beignet Direct, LLC?
Beignet Direct, LLC's latest Form D, filed Apr 14, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Beignet Direct, LLC?
Beignet Direct, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Beignet Direct, LLC raised?
Beignet Direct, LLC reports $863,600,000 sold from 2 investors on its Form D filed Apr 14, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Beignet Direct, LLC based?
Beignet Direct, LLC is based in Boston, Massachusetts.
When did Beignet Direct, LLC launch?
Beignet Direct, LLC reports its first sale in Dec 2020.
Size compared with every private investment fund
Raised more than 91% of the 538 private investment funds based in Massachusetts, and more than 92% of all 10,311 that report sales.
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