Garland Funds LLC is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Mar 12, 2014, it has sold $200,000 of interests to 3 investors since its first sale in Feb 2014. The minimum investment it accepts from an outside investor is $12,500. 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 Gary Holdren; Ross Holdren; Preston Holdren.
- Total raised
- $200,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Feb 25, 2014
- Minimum investment
- $12,500
- 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
- Gary Holdren; Ross Holdren; Preston Holdren
- Latest Form D
- Mar 12, 2014
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 Garland Funds LLC
What is the minimum investment for Garland Funds LLC?
According to its latest Form D, filed Mar 12, 2014, the minimum investment Garland Funds LLC accepts from an outside investor is $12,500.
Who can invest in Garland Funds LLC?
Garland Funds 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 Garland Funds LLC raised?
Garland Funds LLC reports $200,000 sold from 3 investors on its Form D filed Mar 12, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Garland Funds LLC based?
Garland Funds LLC is based in Chicago, Illinois.
When did Garland Funds LLC launch?
Garland Funds LLC reports its first sale in Feb 2014.
Size compared with every private equity fund
Raised more than 48% of the 482 private equity funds based in Illinois, and more than 8% of all 8,896 that report sales.