AltMountain

Diamond Ridge Group LLC

Wilmington, DE · CIK 1985157
Status: no Form D since Aug 2023. 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 Ridge Group LLC is a real estate fund based in Wilmington, Delaware. According to its most recent Form D, filed Aug 9, 2023, it has sold $12,505,000 of interests to 67 investors since its first sale in Aug 2023. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Saperstein; Steven Saperstein; David Glassman.

Total raised
$12,505,000Cumulative sales reported on Form D
Investors
67
First sale
Aug 2, 2023
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
David Saperstein; Steven Saperstein; David Glassman
Latest Form D
Aug 9, 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 Diamond Ridge Group LLC

What is the minimum investment for Diamond Ridge Group LLC?

According to its latest Form D, filed Aug 9, 2023, the minimum investment Diamond Ridge Group LLC accepts from an outside investor is $25,000.

Who can invest in Diamond Ridge Group LLC?

Diamond Ridge Group 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 Diamond Ridge Group LLC raised?

Diamond Ridge Group LLC reports $12,505,000 sold from 67 investors on its Form D filed Aug 9, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Diamond Ridge Group LLC based?

Diamond Ridge Group LLC is based in Wilmington, Delaware.

When did Diamond Ridge Group LLC launch?

Diamond Ridge Group LLC reports its first sale in Aug 2023.

Size compared with every real estate fund

Raised more than 95% of the 273 real estate funds based in Delaware, and more than 82% of all 7,321 that report sales.

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