AltMountain

Bm1 P, LLC

Reston, VA · CIK 1719807 · Sponsor: PROOF GP LLC
Status: no Form D since Apr 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.

Bm1 P, LLC is a private investment fund based in Reston, Virginia. According to its most recent Form D, filed Apr 18, 2019, it has sold $2,131,510 of interests to 22 investors since its first sale in Apr 2019. 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 Jack Backus; John Burke; none PROOF GP LLC.

Total raised
$2,131,510Cumulative sales reported on Form D
Investors
22
First sale
Apr 3, 2019
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
Jack Backus; John Burke; none PROOF GP LLC
Latest Form D
Apr 18, 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 Bm1 P, LLC

What is the minimum investment for Bm1 P, LLC?

Bm1 P, LLC's latest Form D, filed Apr 18, 2019, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Bm1 P, LLC?

Bm1 P, 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 Bm1 P, LLC raised?

Bm1 P, LLC reports $2,131,510 sold from 22 investors on its Form D filed Apr 18, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Bm1 P, LLC based?

Bm1 P, LLC is based in Reston, Virginia.

When did Bm1 P, LLC launch?

Bm1 P, LLC reports its first sale in Apr 2019.

Size compared with every private investment fund

Raised more than 34% of the 128 private investment funds based in Virginia, and more than 21% of all 10,266 that report sales.

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