FDC Arena LLC is a private investment fund based in Dover, Massachusetts. According to its most recent Form D, filed May 10, 2024, it has sold $1,550,000 of interests to 5 investors since its first sale in Apr 2024. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Fifth Down Cap LLC; Andrew Spellman.
- Total raised
- $1,550,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Apr 30, 2024
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Fifth Down Cap LLC; Andrew Spellman
- Latest Form D
- May 10, 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 FDC Arena LLC
What is the minimum investment for FDC Arena LLC?
FDC Arena LLC's latest Form D, filed May 10, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in FDC Arena LLC?
FDC Arena LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has FDC Arena LLC raised?
FDC Arena LLC reports $1,550,000 sold from 5 investors on its Form D filed May 10, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is FDC Arena LLC based?
FDC Arena LLC is based in Dover, Massachusetts.
When did FDC Arena LLC launch?
FDC Arena LLC reports its first sale in Apr 2024.
Size compared with every private investment fund
Raised more than 31% of the 537 private investment funds based in Massachusetts, and more than 18% of all 10,263 that report sales.