Gershwin Fund, LLC
Gershwin Fund, LLC is a private investment fund based in Salt Lake City, Utah. According to its most recent Form D, filed Sep 10, 2019, it has sold $405,000 of interests to 14 investors since its first sale in May 2019. The minimum investment it accepts from an outside investor is $5,000. 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 Jeremy Neilson; Richard Thoms; LLC Assure Fund Management II.
- Total raised
- $405,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- May 16, 2019
- Minimum investment
- $5,000
- 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
- Jeremy Neilson; Richard Thoms; LLC Assure Fund Management II
- Latest Form D
- Sep 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 Gershwin Fund, LLC
What is the minimum investment for Gershwin Fund, LLC?
According to its latest Form D, filed Sep 10, 2019, the minimum investment Gershwin Fund, LLC accepts from an outside investor is $5,000.
Who can invest in Gershwin Fund, LLC?
Gershwin Fund, 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 Gershwin Fund, LLC raised?
Gershwin Fund, LLC reports $405,000 sold from 14 investors on its Form D filed Sep 10, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Gershwin Fund, LLC based?
Gershwin Fund, LLC is based in Salt Lake City, Utah.
When did Gershwin Fund, LLC launch?
Gershwin Fund, LLC reports its first sale in May 2019.
Size compared with every private investment fund
Raised more than 37% of the 197 private investment funds based in Utah, and more than 8% of all 10,263 that report sales.