AltMountain

Bluestem VIC, LLC

Sioux Falls, SD · CIK 1785761
Status: no Form D since Aug 2019. 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.

Bluestem VIC, LLC is a private equity fund based in Sioux Falls, South Dakota. According to its most recent Form D, filed Aug 30, 2019, it has sold $12,125,000 of interests to 60 investors since its first sale in Aug 2019. 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(b), which does not permit general solicitation. Related persons named in the filing include Jon Kirby; Sandy Horst; Steve Kirby.

Total raised
$12,125,000Cumulative sales reported on Form D
Investors
60
First sale
Aug 20, 2019
Minimum investment
$25,000
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
Jon Kirby; Sandy Horst; Steve Kirby
Latest Form D
Aug 30, 2019

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 Bluestem VIC, LLC

What is the minimum investment for Bluestem VIC, LLC?

According to its latest Form D, filed Aug 30, 2019, the minimum investment Bluestem VIC, LLC accepts from an outside investor is $25,000.

Who can invest in Bluestem VIC, LLC?

Bluestem VIC, 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 Bluestem VIC, LLC raised?

Bluestem VIC, LLC reports $12,125,000 sold from 60 investors on its Form D filed Aug 30, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Bluestem VIC, LLC based?

Bluestem VIC, LLC is based in Sioux Falls, South Dakota.

When did Bluestem VIC, LLC launch?

Bluestem VIC, LLC reports its first sale in Aug 2019.

Size compared with every private equity fund

Raised more than 100% of the 16 private equity funds based in South Dakota, and more than 45% of all 8,883 that report sales.

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