Discover Group LLC is a real estate fund based in Atlanta, Georgia. According to its most recent Form D, filed Jan 11, 2019, it has sold $10,440,000 of interests to 89 investors since its first sale in Dec 2018. 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 Matthew Ornstein; Frank Schuler; Matthew Kaynard.
- Total raised
- $10,440,000Cumulative sales reported on Form D
- Investors
- 89
- First sale
- Dec 27, 2018
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Matthew Ornstein; Frank Schuler; Matthew Kaynard
- Latest Form D
- Jan 11, 2019
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 Discover Group LLC
What is the minimum investment for Discover Group LLC?
According to its latest Form D, filed Jan 11, 2019, the minimum investment Discover Group LLC accepts from an outside investor is $25,000.
Who can invest in Discover Group LLC?
Discover 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 Discover Group LLC raised?
Discover Group LLC reports $10,440,000 sold from 89 investors on its Form D filed Jan 11, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Discover Group LLC based?
Discover Group LLC is based in Atlanta, Georgia.
When did Discover Group LLC launch?
Discover Group LLC reports its first sale in Dec 2018.
Size compared with every real estate fund
Raised more than 83% of the 494 real estate funds based in Georgia, and more than 79% of all 7,349 that report sales.