Cherry Sand Partners LLC
Cherry Sand Partners LLC is a private investment fund based in Sausalito, California. According to its most recent Form D, filed Mar 18, 2021, it has sold $500,000 of interests to 3 investors since its first sale in Mar 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Alexei Chemenda; None Black Sand Partners X MGMT LLC.
- Total raised
- $500,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Mar 9, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Alexei Chemenda; None Black Sand Partners X MGMT LLC
- Latest Form D
- Mar 18, 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 Cherry Sand Partners LLC
What is the minimum investment for Cherry Sand Partners LLC?
Cherry Sand Partners LLC's latest Form D, filed Mar 18, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Cherry Sand Partners LLC?
Cherry Sand Partners LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Cherry Sand Partners LLC raised?
Cherry Sand Partners LLC reports $500,000 sold from 3 investors on its Form D filed Mar 18, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Cherry Sand Partners LLC based?
Cherry Sand Partners LLC is based in Sausalito, California.
When did Cherry Sand Partners LLC launch?
Cherry Sand Partners LLC reports its first sale in Mar 2021.
Size compared with every private investment fund
Raised more than 31% of the 1,719 private investment funds based in California, and more than 9% of all 10,263 that report sales.