AltMountain

First Avenue Bridge Equity, LLC

Birmingham, AL · CIK 1867862
Status: no Form D since Jun 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.

First Avenue Bridge Equity, LLC is a private investment fund based in Birmingham, Alabama. According to its most recent Form D, filed Jun 17, 2021, it has sold $12,000,000 of interests to 34 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 William Parsons, Jr; Lawson Robinson; Mainsail Asset Management, LLC.

Total raised
$12,000,000Cumulative sales reported on Form D
Investors
34
First sale
May 14, 2021
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
William Parsons, Jr; Lawson Robinson; Mainsail Asset Management, LLC
Latest Form D
Jun 17, 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 First Avenue Bridge Equity, LLC

What is the minimum investment for First Avenue Bridge Equity, LLC?

According to its latest Form D, filed Jun 17, 2021, the minimum investment First Avenue Bridge Equity, LLC accepts from an outside investor is $50,000.

Who can invest in First Avenue Bridge Equity, LLC?

First Avenue Bridge Equity, 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 First Avenue Bridge Equity, LLC raised?

First Avenue Bridge Equity, LLC reports $12,000,000 sold from 34 investors on its Form D filed Jun 17, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is First Avenue Bridge Equity, LLC based?

First Avenue Bridge Equity, LLC is based in Birmingham, Alabama.

When did First Avenue Bridge Equity, LLC launch?

First Avenue Bridge Equity, LLC reports its first sale in May 2021.

Size compared with every private investment fund

Raised more than 33% of the 33 private investment funds based in Alabama, and more than 44% of all 10,333 that report sales.

More private investment funds in Birmingham

Similar-size private investment funds in Alabama

All private investment funds in Alabama