AltMountain

Clapboard Lending LLC

Darien, CT · CIK 2005924 · Sponsor: Silver Heights Capital LLC
Status: no Form D since Dec 2023. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Clapboard Lending LLC is a private investment fund based in Darien, Connecticut. According to its most recent Form D, filed Dec 29, 2023, it has sold $15,000,000 of interests to 4 investors since its first sale in Dec 2023. 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 Jonathan Steel; Silver Heights Capital LLC; Tomas Haendler.

Total raised
$15,000,000Cumulative sales reported on Form D
Investors
4
First sale
Dec 22, 2023
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
Jonathan Steel; Silver Heights Capital LLC; Tomas Haendler
Latest Form D
Dec 29, 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 Clapboard Lending LLC

What is the minimum investment for Clapboard Lending LLC?

Clapboard Lending LLC's latest Form D, filed Dec 29, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Clapboard Lending LLC?

Clapboard Lending 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 Clapboard Lending LLC raised?

Clapboard Lending LLC reports $15,000,000 sold from 4 investors on its Form D filed Dec 29, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Clapboard Lending LLC based?

Clapboard Lending LLC is based in Darien, Connecticut.

When did Clapboard Lending LLC launch?

Clapboard Lending LLC reports its first sale in Dec 2023.

Size compared with every private investment fund

Raised more than 45% of the 307 private investment funds based in Connecticut, and more than 47% of all 10,287 that report sales.

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