AltMountain

GWG Life Settlements, LLC

Minneapolis, MN · CIK 1456381
Status: no Form D since Jun 2009. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

GWG Life Settlements, LLC is a private investment fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Jun 10, 2009, it has sold $1,635,876 of interests to 1 investor since its first sale in Feb 2009. The minimum investment it accepts from an outside investor is $25,000. Related persons named in the filing include Jon Sabes.

Total raised
$1,635,876Cumulative sales reported on Form D
Investors
1
First sale
Feb 5, 2009
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Other exemption
Net asset value range
Over $100,000,000Self-reported
Key people and entities
Jon Sabes
Latest Form D
Jun 10, 2009

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 GWG Life Settlements, LLC

What is the minimum investment for GWG Life Settlements, LLC?

According to its latest Form D, filed Jun 10, 2009, the minimum investment GWG Life Settlements, LLC accepts from an outside investor is $25,000.

Who can invest in GWG Life Settlements, LLC?

GWG Life Settlements, LLC is generally open only to investors who meet the eligibility rules in its offering documents.

How much has GWG Life Settlements, LLC raised?

GWG Life Settlements, LLC reports $1,635,876 sold from 1 investor on its Form D filed Jun 10, 2009. This is cumulative sales since the offering began, not current assets or performance.

Where is GWG Life Settlements, LLC based?

GWG Life Settlements, LLC is based in Minneapolis, Minnesota.

When did GWG Life Settlements, LLC launch?

GWG Life Settlements, LLC reports its first sale in Feb 2009.

Size compared with every private investment fund

Raised more than 28% of the 71 private investment funds based in Minnesota, and more than 19% of all 10,333 that report sales.

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