GEM Fund, LLC is a private investment fund based in Chicago, Illinois. According to its most recent Form D, filed May 16, 2022, it has sold $3,984,478 of interests to 10 investors since its first sale in Oct 2019. The minimum investment it accepts from an outside investor is $250,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Jeffrey Malec.
- Total raised
- $3,984,478Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Oct 1, 2019
- Minimum investment
- $250,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Jeffrey Malec
- Latest Form D
- May 16, 2022
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 GEM Fund, LLC
What is the minimum investment for GEM Fund, LLC?
According to its latest Form D, filed May 16, 2022, the minimum investment GEM Fund, LLC accepts from an outside investor is $250,000.
Who can invest in GEM Fund, LLC?
GEM Fund, LLC 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 GEM Fund, LLC raised?
GEM Fund, LLC reports $3,984,478 sold from 10 investors on its Form D filed May 16, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is GEM Fund, LLC based?
GEM Fund, LLC is based in Chicago, Illinois.
When did GEM Fund, LLC launch?
GEM Fund, LLC reports its first sale in Oct 2019.
Size compared with every private investment fund
Raised more than 33% of the 553 private investment funds based in Illinois, and more than 28% of all 10,248 that report sales.