Dream America LLC is a private equity fund based in Lewes, Delaware. According to its most recent Form D, filed Feb 16, 2024, it has sold $6,150,000 of interests to 16 investors since its first sale in Aug 2019. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Dream Management Group Inc.
- Total raised
- $6,150,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Aug 1, 2019
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Dream Management Group Inc
- Latest Form D
- Feb 16, 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 Dream America LLC
What is the minimum investment for Dream America LLC?
Dream America LLC's latest Form D, filed Feb 16, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Dream America LLC?
Dream America 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Dream America LLC raised?
Dream America LLC reports $6,150,000 sold from 16 investors on its Form D filed Feb 16, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Dream America LLC based?
Dream America LLC is based in Lewes, Delaware.
When did Dream America LLC launch?
Dream America LLC reports its first sale in Aug 2019.
Size compared with every private equity fund
Raised more than 90% of the 673 private equity funds based in Delaware, and more than 37% of all 8,896 that report sales.