Chescappvt LLC is a private investment fund based in Baltimore, Maryland. According to its most recent Form D, filed Dec 12, 2023, it has sold $295,404,010 of interests to 12 investors since its first sale in Feb 2017. The filing does not set a minimum investment. 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 Mark Lerner; Traci Lerner.
- Total raised
- $295,404,010Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Feb 6, 2017
- Minimum investment
- None set
- 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
- Mark Lerner; Traci Lerner
- Latest Form D
- Dec 12, 2023
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 Chescappvt LLC
What is the minimum investment for Chescappvt LLC?
Chescappvt LLC's latest Form D, filed Dec 12, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Chescappvt LLC?
Chescappvt 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 Chescappvt LLC raised?
Chescappvt LLC reports $295,404,010 sold from 12 investors on its Form D filed Dec 12, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Chescappvt LLC based?
Chescappvt LLC is based in Baltimore, Maryland.
When did Chescappvt LLC launch?
Chescappvt LLC reports its first sale in Feb 2017.
Size compared with every private investment fund
Raised more than 88% of the 121 private investment funds based in Maryland, and more than 83% of all 10,212 that report sales.