Element Notes Issuer LLC
Element Notes Issuer LLC is a securitized asset fund organized in Delaware, United States and advised by 26north. Its adviser reported $1,354,285 in gross assets for the fund on Form ADV, filed Aug 26, 2024. It reported 1 beneficial owner, about 100% of it owned by non-U.S. persons. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $1,354,285As reported on Form ADV
- Beneficial owners
- 1
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Securitized asset fund
- Domicile
- Delaware, United States
- Custodian
- U.S. Bank Trust Company, N.A.
- Adviser
- 26north · New York, NY · CRD 322923
- Reported on
- Aug 26, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Element Notes Issuer LLC
What is the minimum investment for Element Notes Issuer LLC?
Its adviser's Form ADV, filed Aug 26, 2024, does not set a minimum investment for Element Notes Issuer LLC. The offering documents may still require one.
Who can invest in Element Notes Issuer LLC?
Element Notes Issuer 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).
How large is Element Notes Issuer LLC?
Its adviser reported $1,354,285 in gross assets on Form ADV filed Aug 26, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Element Notes Issuer LLC?
Element Notes Issuer LLC is advised by 26north, based in New York, NY.