DAC Developments Fund - LFG Ventures LLC is a private investment fund based in Dover, Delaware. According to its most recent Form D, filed Aug 8, 2023, it has sold $280,500 of interests to 8 investors since its first sale in Feb 2023. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include LLC Allocation Fund Administration; Hoang Phan; LLC Ecosystem Equity.
- Total raised
- $280,500Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Feb 1, 2023
- Minimum investment
- $10,000
- 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
- LLC Allocation Fund Administration; Hoang Phan; LLC Ecosystem Equity
- Latest Form D
- Aug 8, 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 DAC Developments Fund - LFG Ventures LLC
What is the minimum investment for DAC Developments Fund - LFG Ventures LLC?
According to its latest Form D, filed Aug 8, 2023, the minimum investment DAC Developments Fund - LFG Ventures LLC accepts from an outside investor is $10,000.
Who can invest in DAC Developments Fund - LFG Ventures LLC?
DAC Developments Fund - LFG Ventures 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 DAC Developments Fund - LFG Ventures LLC raised?
DAC Developments Fund - LFG Ventures LLC reports $280,500 sold from 8 investors on its Form D filed Aug 8, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is DAC Developments Fund - LFG Ventures LLC based?
DAC Developments Fund - LFG Ventures LLC is based in Dover, Delaware.
When did DAC Developments Fund - LFG Ventures LLC launch?
DAC Developments Fund - LFG Ventures LLC reports its first sale in Feb 2023.
Size compared with every private investment fund
Raised more than 23% of the 443 private investment funds based in Delaware, and more than 6% of all 10,266 that report sales.