Brook Bay Secondaries III LTD. is a private investment fund based in Tortola, Virgin Islands, British. According to its most recent Form D, filed Dec 15, 2017, it has sold $2,900,000 of interests since its first sale in Dec 2016. The minimum investment it accepts from an outside investor is $100,000. 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 Marcus Vaughan; Christian Thompson; Brook Bay Capital (bvi) Limited.
- Total raised
- $2,900,000Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Dec 16, 2016
- Minimum investment
- $100,000
- 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
- Marcus Vaughan; Christian Thompson; Brook Bay Capital (bvi) Limited
- Latest Form D
- Dec 15, 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 Brook Bay Secondaries III LTD.
What is the minimum investment for Brook Bay Secondaries III LTD.?
According to its latest Form D, filed Dec 15, 2017, the minimum investment Brook Bay Secondaries III LTD. accepts from an outside investor is $100,000.
Who can invest in Brook Bay Secondaries III LTD.?
Brook Bay Secondaries III LTD. 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 Brook Bay Secondaries III LTD. raised?
Brook Bay Secondaries III LTD. reports $2,900,000 sold on its Form D filed Dec 15, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Brook Bay Secondaries III LTD. based?
Brook Bay Secondaries III LTD. is based in Tortola, Virgin Islands, British.
When did Brook Bay Secondaries III LTD. launch?
Brook Bay Secondaries III LTD. reports its first sale in Dec 2016.
Size compared with every private investment fund
Raised more than 54% of the 24 private investment funds based in Virgin Islands, British, and more than 25% of all 10,287 that report sales.