FCM Saltwater, LLC
FCM Saltwater, LLC is a private investment fund based in Birmingham, Alabama. According to its most recent Form D, filed Jul 12, 2024, it has sold $32,400,000 of interests to 9 investors since its first sale in Jun 2024. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include FCM Saltwater Management Co., LLC; Forager Capital Management, LLC; Johnathan Wilhelm.
- Total raised
- $32,400,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Jun 20, 2024
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- FCM Saltwater Management Co., LLC; Forager Capital Management, LLC; Johnathan Wilhelm
- Latest Form D
- Jul 12, 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 FCM Saltwater, LLC
What is the minimum investment for FCM Saltwater, LLC?
FCM Saltwater, LLC's latest Form D, filed Jul 12, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in FCM Saltwater, LLC?
FCM Saltwater, 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 FCM Saltwater, LLC raised?
FCM Saltwater, LLC reports $32,400,000 sold from 9 investors on its Form D filed Jul 12, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is FCM Saltwater, LLC based?
FCM Saltwater, LLC is based in Birmingham, Alabama.
When did FCM Saltwater, LLC launch?
FCM Saltwater, LLC reports its first sale in Jun 2024.
Size compared with every private investment fund
Raised more than 55% of the 33 private investment funds based in Alabama, and more than 57% of all 10,333 that report sales.