DNCP Fl1, LLC is a hedge fund based in Dallas, Texas. According to its most recent Form D, filed Nov 15, 2021, the fund has sold $1,050,000 of interests to 4 investors since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $50,000. 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 Michael Seay; Ronald Dodson.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $1,050,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Oct 27, 2021
- Minimum investment
- $50,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $1 - $5,000,000Self-reported
- Key people and entities
- Michael Seay; Ronald Dodson
- Latest Form D
- Nov 15, 2021
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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about DNCP Fl1, LLC
What is the minimum investment for DNCP Fl1, LLC?
According to its latest Form D, filed Nov 15, 2021, the minimum investment DNCP Fl1, LLC accepts from an outside investor is $50,000.
Who can invest in DNCP Fl1, LLC?
DNCP Fl1, 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 DNCP Fl1, LLC raised?
DNCP Fl1, LLC reports $1,050,000 sold from 4 investors on its Form D filed Nov 15, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is DNCP Fl1, LLC based?
DNCP Fl1, LLC is based in Dallas, Texas.
When did DNCP Fl1, LLC launch?
DNCP Fl1, LLC reports its first sale in Oct 2021.
Size compared with every hedge fund
Raised more than 19% of the 537 hedge funds based in Texas, and more than 6% of all 10,127 that report sales.