DLC Mortgages, LLC is a private equity fund based in Seattle, Washington. According to its most recent Form D, filed Mar 29, 2019, it has sold $31,000,000 of interests to 1 investor since its first sale in Aug 2018. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Oak Harbor Capital, LLC Oak Harbor Capital, LLC; William Weinstein.
- Total raised
- $31,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Aug 10, 2018
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Oak Harbor Capital, LLC Oak Harbor Capital, LLC; William Weinstein
- Latest Form D
- Mar 29, 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 DLC Mortgages, LLC
What is the minimum investment for DLC Mortgages, LLC?
DLC Mortgages, LLC's latest Form D, filed Mar 29, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in DLC Mortgages, LLC?
DLC Mortgages, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has DLC Mortgages, LLC raised?
DLC Mortgages, LLC reports $31,000,000 sold from 1 investor on its Form D filed Mar 29, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is DLC Mortgages, LLC based?
DLC Mortgages, LLC is based in Seattle, Washington.
When did DLC Mortgages, LLC launch?
DLC Mortgages, LLC reports its first sale in Aug 2018.
Size compared with every private equity fund
Raised more than 74% of the 43 private equity funds based in Washington, and more than 58% of all 8,950 that report sales.