Fund 72 LLC
Fund 72 LLC is a hedge fund based in Boca Raton, Florida. According to its most recent Form D, filed Aug 30, 2019, the fund has sold $2,450,000 of interests to 4 investors since its first sale in Jul 2019. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Joseph McGowan; Dermot Bolger.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $2,450,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Jul 9, 2019
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Joseph McGowan; Dermot Bolger
- Latest Form D
- Aug 30, 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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Fund 72 LLC
What is the minimum investment for Fund 72 LLC?
According to its latest Form D, filed Aug 30, 2019, the minimum investment Fund 72 LLC accepts from an outside investor is $100,000.
Who can invest in Fund 72 LLC?
Fund 72 LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Fund 72 LLC raised?
Fund 72 LLC reports $2,450,000 sold from 4 investors on its Form D filed Aug 30, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Fund 72 LLC based?
Fund 72 LLC is based in Boca Raton, Florida.
When did Fund 72 LLC launch?
Fund 72 LLC reports its first sale in Jul 2019.
Size compared with every hedge fund
Raised more than 31% of the 742 hedge funds based in Florida, and more than 10% of all 10,129 that report sales.