Cornerstone Summit Fund, LLC is a private investment fund based in Richmond, Texas. According to its most recent Form D, filed Sep 14, 2026, it has sold $500,000 of interests to 1 investor since its first sale in Jul 2026. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Usman Solaija; Umair Solaija.
- Total raised
- $500,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jul 31, 2026
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Usman Solaija; Umair Solaija
- Latest Form D
- Sep 14, 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 Cornerstone Summit Fund, LLC
What is the minimum investment for Cornerstone Summit Fund, LLC?
According to its latest Form D, filed Sep 14, 2026, the minimum investment Cornerstone Summit Fund, LLC accepts from an outside investor is $50,000.
Who can invest in Cornerstone Summit Fund, LLC?
Cornerstone Summit Fund, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Cornerstone Summit Fund, LLC raised?
Cornerstone Summit Fund, LLC reports $500,000 sold from 1 investor on its Form D filed Sep 14, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Cornerstone Summit Fund, LLC based?
Cornerstone Summit Fund, LLC is based in Richmond, Texas.
When did Cornerstone Summit Fund, LLC launch?
Cornerstone Summit Fund, LLC reports its first sale in Jul 2026, 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 investment fund
Raised more than 30% of the 878 private investment funds based in Texas, and more than 9% of all 10,263 that report sales.