BP SCFin I LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Dec 14, 2017, it has sold $5,590,158 of interests to 25 investors since its first sale in Dec 2017. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Milind Mehere; Michael Weisz; YieldStreet Management LLC.
- Total raised
- $5,590,158Cumulative sales reported on Form D
- Investors
- 25
- First sale
- Dec 5, 2017
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Milind Mehere; Michael Weisz; YieldStreet Management LLC
- Latest Form D
- Dec 14, 2017
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 BP SCFin I LLC
What is the minimum investment for BP SCFin I LLC?
BP SCFin I LLC's latest Form D, filed Dec 14, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in BP SCFin I LLC?
BP SCFin I 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(c), so it may advertise, but every investor must be verified as accredited.
How much has BP SCFin I LLC raised?
BP SCFin I LLC reports $5,590,158 sold from 25 investors on its Form D filed Dec 14, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is BP SCFin I LLC based?
BP SCFin I LLC is based in New York, New York.
When did BP SCFin I LLC launch?
BP SCFin I LLC reports its first sale in Dec 2017.
Size compared with every private investment fund
Raised more than 42% of the 2,847 private investment funds based in New York, and more than 34% of all 10,333 that report sales.