Crescent Legacy LLC
Crescent Legacy LLC is a real estate fund organized in Delaware, United States and advised by Crescent Real Estate LLC. Its adviser reported $19,755,969 in gross assets for the fund on Form ADV, filed May 10, 2024. It reported 4 beneficial owners. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $19,755,969As reported on Form ADV
- Beneficial owners
- 4
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Real estate fund
- Domicile
- Delaware, United States
- Custodian
- Bank of America Corporation; Goldman Sachs & Co. LLC; First Bank
- Adviser
- Crescent Real Estate LLC · Fort Worth, TX · CRD 158397
- Reported on
- May 10, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Crescent Legacy LLC
What is the minimum investment for Crescent Legacy LLC?
Its adviser's Form ADV, filed May 10, 2024, does not set a minimum investment for Crescent Legacy LLC. The offering documents may still require one.
Who can invest in Crescent Legacy LLC?
Crescent Legacy 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).
How large is Crescent Legacy LLC?
Its adviser reported $19,755,969 in gross assets on Form ADV filed May 10, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Crescent Legacy LLC?
Crescent Legacy LLC is advised by Crescent Real Estate LLC, based in Fort Worth, TX.