Flowtex Energy Chesapeake JV is an energy fund based in Austin, Texas. According to its most recent Form D, filed May 10, 2019, it has sold $850,000 of interests to 7 investors since its first sale in Jan 2019. The minimum investment it accepts from an outside investor is $32,500. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Jimmy Branch; Beau Flowers.
- Total raised
- $850,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Jan 9, 2019
- Minimum investment
- $32,500
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Jimmy Branch; Beau Flowers
- Latest Form D
- May 10, 2019
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 Flowtex Energy Chesapeake JV
What is the minimum investment for Flowtex Energy Chesapeake JV?
According to its latest Form D, filed May 10, 2019, the minimum investment Flowtex Energy Chesapeake JV accepts from an outside investor is $32,500.
Who can invest in Flowtex Energy Chesapeake JV?
Flowtex Energy Chesapeake JV is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Flowtex Energy Chesapeake JV raised?
Flowtex Energy Chesapeake JV reports $850,000 sold from 7 investors on its Form D filed May 10, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Flowtex Energy Chesapeake JV based?
Flowtex Energy Chesapeake JV is based in Austin, Texas.
When did Flowtex Energy Chesapeake JV launch?
Flowtex Energy Chesapeake JV reports its first sale in Jan 2019.
Size compared with every energy fund
Raised more than 64% of the 350 energy funds based in Texas, and more than 36% of all 334 that report sales.