AltMountain

Evolve Palmetto, LLC

Greensboro, NC · CIK 1862715
Status: no Form D since May 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Evolve Palmetto, LLC is a real estate fund based in Greensboro, North Carolina. According to its most recent Form D, filed May 27, 2021, it has sold $3,725,000 of interests to 13 investors since its first sale in May 2021. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Winstead.

Total raised
$3,725,000Cumulative sales reported on Form D
Investors
13
First sale
May 13, 2021
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Michael Winstead
Latest Form D
May 27, 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. 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 Evolve Palmetto, LLC

What is the minimum investment for Evolve Palmetto, LLC?

According to its latest Form D, filed May 27, 2021, the minimum investment Evolve Palmetto, LLC accepts from an outside investor is $50,000.

Who can invest in Evolve Palmetto, LLC?

Evolve Palmetto, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Evolve Palmetto, LLC raised?

Evolve Palmetto, LLC reports $3,725,000 sold from 13 investors on its Form D filed May 27, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Evolve Palmetto, LLC based?

Evolve Palmetto, LLC is based in Greensboro, North Carolina.

When did Evolve Palmetto, LLC launch?

Evolve Palmetto, LLC reports its first sale in May 2021.

Size compared with every real estate fund

Raised more than 72% of the 294 real estate funds based in North Carolina, and more than 59% of all 7,350 that report sales.

More real estate funds in Greensboro

Similar-size real estate funds in North Carolina

All real estate funds in North Carolina