Driftwood, LLC is a real estate fund based in East Longmeadow, Massachusetts. According to its most recent Form D, filed Jan 14, 2016, it has sold $65,000 of interests since its first sale in Dec 2015. The filing does not set a minimum investment. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Rachel Romano; Timothy Thompson.
- Total raised
- $65,000Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Dec 30, 2015
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Rachel Romano; Timothy Thompson
- Latest Form D
- Jan 14, 2016
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 Driftwood, LLC
What is the minimum investment for Driftwood, LLC?
Driftwood, LLC's latest Form D, filed Jan 14, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Driftwood, LLC?
Driftwood, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Driftwood, LLC raised?
Driftwood, LLC reports $65,000 sold on its Form D filed Jan 14, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Driftwood, LLC based?
Driftwood, LLC is based in East Longmeadow, Massachusetts.
When did Driftwood, LLC launch?
Driftwood, LLC reports its first sale in Dec 2015.
Size compared with every real estate fund
Raised more than 14% of the 212 real estate funds based in Massachusetts, and more than 3% of all 7,322 that report sales.