BRC Clean Fund LP is a private equity fund based in Storm Lake, Iowa. According to its most recent Form D, filed Dec 6, 2021, it has sold $130,000 of interests to 5 investors since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Buffalo Ridge Capital GP LLC; Marc Gendler; Kenneth Hatch II.
- Total raised
- $130,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Oct 21, 2021
- Minimum investment
- $50,000
- 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
- Buffalo Ridge Capital GP LLC; Marc Gendler; Kenneth Hatch II
- Latest Form D
- Dec 6, 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 BRC Clean Fund LP
What is the minimum investment for BRC Clean Fund LP?
According to its latest Form D, filed Dec 6, 2021, the minimum investment BRC Clean Fund LP accepts from an outside investor is $50,000.
Who can invest in BRC Clean Fund LP?
BRC Clean Fund LP 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 BRC Clean Fund LP raised?
BRC Clean Fund LP reports $130,000 sold from 5 investors on its Form D filed Dec 6, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is BRC Clean Fund LP based?
BRC Clean Fund LP is based in Storm Lake, Iowa.
When did BRC Clean Fund LP launch?
BRC Clean Fund LP reports its first sale in Oct 2021.
Size compared with every private equity fund
Raised more than 33% of the 6 private equity funds based in Iowa, and more than 5% of all 8,896 that report sales.