AltMountain

Beta 202 Daniel Fund LLC

Champaign, IL · CIK 1799323
Status: no Form D since Feb 2020. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Beta 202 Daniel Fund LLC is a private equity fund based in Champaign, Illinois. According to its most recent Form D, filed Feb 5, 2020, it has sold $8,000,000 of interests to 3 investors since its first sale in Dec 2019. The minimum investment it accepts from an outside investor is $125,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Henneman.

Total raised
$8,000,000Cumulative sales reported on Form D
Investors
3
First sale
Dec 31, 2019
Minimum investment
$125,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Michael Henneman
Latest Form D
Feb 5, 2020

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 Beta 202 Daniel Fund LLC

What is the minimum investment for Beta 202 Daniel Fund LLC?

According to its latest Form D, filed Feb 5, 2020, the minimum investment Beta 202 Daniel Fund LLC accepts from an outside investor is $125,000.

Who can invest in Beta 202 Daniel Fund LLC?

Beta 202 Daniel Fund LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Beta 202 Daniel Fund LLC raised?

Beta 202 Daniel Fund LLC reports $8,000,000 sold from 3 investors on its Form D filed Feb 5, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Beta 202 Daniel Fund LLC based?

Beta 202 Daniel Fund LLC is based in Champaign, Illinois.

When did Beta 202 Daniel Fund LLC launch?

Beta 202 Daniel Fund LLC reports its first sale in Dec 2019.

Size compared with every private equity fund

Raised more than 54% of the 482 private equity funds based in Illinois, and more than 40% of all 8,889 that report sales.

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