BSP Hoffman LLC
BSP Hoffman LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Nov 10, 2016, it has sold $3,868,691 of interests to 15 investors since its first sale in May 2015. The minimum investment it accepts from an outside investor is $250,000. 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 Black Spruce Management LLC.
- Total raised
- $3,868,691Cumulative sales reported on Form D
- Investors
- 15
- First sale
- May 18, 2015
- Minimum investment
- $250,000
- 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
- Black Spruce Management LLC
- Latest Form D
- Nov 10, 2016
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 BSP Hoffman LLC
What is the minimum investment for BSP Hoffman LLC?
According to its latest Form D, filed Nov 10, 2016, the minimum investment BSP Hoffman LLC accepts from an outside investor is $250,000.
Who can invest in BSP Hoffman LLC?
BSP Hoffman 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 BSP Hoffman LLC raised?
BSP Hoffman LLC reports $3,868,691 sold from 15 investors on its Form D filed Nov 10, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is BSP Hoffman LLC based?
BSP Hoffman LLC is based in New York, New York.
When did BSP Hoffman LLC launch?
BSP Hoffman LLC reports its first sale in May 2015.
Size compared with every private investment fund
Raised more than 38% of the 2,822 private investment funds based in New York, and more than 28% of all 10,255 that report sales.