Cheddar Lake LLC is a private equity fund based in Houston, Texas. According to its most recent Form D, filed Jun 16, 2026, it has sold $3,095,000 of interests to 37 investors since its first sale in Jan 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Bakers Creek Management LLC.
- Total raised
- $3,095,000Cumulative sales reported on Form D
- Investors
- 37
- First sale
- Jan 31, 2025
- 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
- Bakers Creek Management LLC
- Latest Form D
- Jun 16, 2026
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 Cheddar Lake LLC
What is the minimum investment for Cheddar Lake LLC?
According to its latest Form D, filed Jun 16, 2026, the minimum investment Cheddar Lake LLC accepts from an outside investor is $100,000.
Who can invest in Cheddar Lake LLC?
Cheddar Lake 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 Cheddar Lake LLC raised?
Cheddar Lake LLC reports $3,095,000 sold from 37 investors on its Form D filed Jun 16, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Cheddar Lake LLC based?
Cheddar Lake LLC is based in Houston, Texas and is managed by Leggett Ventures.
When did Cheddar Lake LLC launch?
Cheddar Lake LLC reports its first sale in Jan 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 56% of the 1,472 private equity funds based in Texas, and more than 30% of all 9,142 that report sales.