Destiny Alternative Fund LLC
Destiny Alternative Fund LLC is a private investment fund based in Milwaukee, Wisconsin. According to its most recent Form D, filed Apr 9, 2025, it has sold $47,013,174 of interests to 127 investors since its first sale in Oct 2020. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Lee; First Trust Capital Management L.P; Destiny Wealth Partners, LLC.
- Total raised
- $47,013,174Cumulative sales reported on Form D
- Investors
- 127
- First sale
- Oct 1, 2020
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Lee; First Trust Capital Management L.P; Destiny Wealth Partners, LLC
- Latest Form D
- Apr 9, 2025
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 Destiny Alternative Fund LLC
What is the minimum investment for Destiny Alternative Fund LLC?
According to its latest Form D, filed Apr 9, 2025, the minimum investment Destiny Alternative Fund LLC accepts from an outside investor is $100,000.
Who can invest in Destiny Alternative Fund LLC?
Destiny Alternative Fund LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Destiny Alternative Fund LLC raised?
Destiny Alternative Fund LLC reports $47,013,174 sold from 127 investors on its Form D filed Apr 9, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Destiny Alternative Fund LLC based?
Destiny Alternative Fund LLC is based in Milwaukee, Wisconsin and is managed by First Trust Capital Management L.P..
When did Destiny Alternative Fund LLC launch?
Destiny Alternative Fund LLC reports its first sale in Oct 2020.
Size compared with every private investment fund
Raised more than 55% of the 60 private investment funds based in Wisconsin, and more than 61% of all 10,311 that report sales.
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