Gressman Minerals LLC
Gressman Minerals LLC is a private investment fund based in Dallas, Texas. According to its most recent Form D, filed Dec 21, 2020, it has sold $10,212,500 of interests to 18 investors since its first sale in Dec 2020. The filing does not set a minimum investment. 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 Ian Trumpower; Jake LaCaze; Paisano Energy Fund I GP, LLC.
- Total raised
- $10,212,500Cumulative sales reported on Form D
- Investors
- 18
- First sale
- Dec 7, 2020
- Minimum investment
- None set
- 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
- Ian Trumpower; Jake LaCaze; Paisano Energy Fund I GP, LLC
- Latest Form D
- Dec 21, 2020
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 Gressman Minerals LLC
What is the minimum investment for Gressman Minerals LLC?
Gressman Minerals LLC's latest Form D, filed Dec 21, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Gressman Minerals LLC?
Gressman Minerals 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 Gressman Minerals LLC raised?
Gressman Minerals LLC reports $10,212,500 sold from 18 investors on its Form D filed Dec 21, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Gressman Minerals LLC based?
Gressman Minerals LLC is based in Dallas, Texas.
When did Gressman Minerals LLC launch?
Gressman Minerals LLC reports its first sale in Dec 2020.
Size compared with every private investment fund
Raised more than 55% of the 878 private investment funds based in Texas, and more than 42% of all 10,266 that report sales.