Drive Opportunities Access LLC
Drive Opportunities Access LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Sep 6, 2022, it has sold $95,210,000 of interests to 153 investors since its first sale in Jun 2022. 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 Drive Opportunities Access Advisors LLC; Richard Ruffer; Jody Flaws.
- Total raised
- $95,210,000Cumulative sales reported on Form D
- Investors
- 153
- First sale
- Jun 14, 2022
- 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
- Drive Opportunities Access Advisors LLC; Richard Ruffer; Jody Flaws
- Latest Form D
- Sep 6, 2022
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 Drive Opportunities Access LLC
What is the minimum investment for Drive Opportunities Access LLC?
Drive Opportunities Access LLC's latest Form D, filed Sep 6, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Drive Opportunities Access LLC?
Drive Opportunities Access 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 Drive Opportunities Access LLC raised?
Drive Opportunities Access LLC reports $95,210,000 sold from 153 investors on its Form D filed Sep 6, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Drive Opportunities Access LLC based?
Drive Opportunities Access LLC is based in New York, New York.
When did Drive Opportunities Access LLC launch?
Drive Opportunities Access LLC reports its first sale in Jun 2022.
Size compared with every private investment fund
Raised more than 70% of the 2,834 private investment funds based in New York, and more than 70% of all 10,287 that report sales.