AltMountain

Diamond Ares LLC

Argyle, TX · CIK 2041876
Status: no Form D since Oct 2024. 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.

Diamond Ares LLC is a private investment fund based in Argyle, Texas. According to its most recent Form D, filed Oct 21, 2024, it has sold $1,647,078 of interests to 60 investors since its first sale in Oct 2024. The filing does not set a minimum investment. 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 Bernie Diamond.

Total raised
$1,647,078Cumulative sales reported on Form D
Investors
60
First sale
Oct 4, 2024
Minimum investment
None set
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
Bernie Diamond
Latest Form D
Oct 21, 2024

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 Diamond Ares LLC

What is the minimum investment for Diamond Ares LLC?

Diamond Ares LLC's latest Form D, filed Oct 21, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Diamond Ares LLC?

Diamond Ares 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 Diamond Ares LLC raised?

Diamond Ares LLC reports $1,647,078 sold from 60 investors on its Form D filed Oct 21, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Diamond Ares LLC based?

Diamond Ares LLC is based in Argyle, Texas.

When did Diamond Ares LLC launch?

Diamond Ares LLC reports its first sale in Oct 2024.

Size compared with every private investment fund

Raised more than 38% of the 878 private investment funds based in Texas, and more than 19% of all 10,266 that report sales.

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