HCM ST, LLC (Series B) is a private equity fund based in Oak Brook, Illinois. According to its most recent Form D, filed Aug 27, 2025, it has sold $36,175,000 of interests to 11 investors since its first sale in Aug 2025. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include David Bradley; Heidi Huizenga; Peter Huizenga, Jr.
- Total raised
- $36,175,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Aug 18, 2025
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Bradley; Heidi Huizenga; Peter Huizenga, Jr
- Latest Form D
- Aug 27, 2025
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 HCM ST, LLC (Series B)
What is the minimum investment for HCM ST, LLC (Series B)?
According to its latest Form D, filed Aug 27, 2025, the minimum investment HCM ST, LLC (Series B) accepts from an outside investor is $100,000.
Who can invest in HCM ST, LLC (Series B)?
HCM ST, LLC (Series B) is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has HCM ST, LLC (Series B) raised?
HCM ST, LLC (Series B) reports $36,175,000 sold from 11 investors on its Form D filed Aug 27, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is HCM ST, LLC (Series B) based?
HCM ST, LLC (Series B) is based in Oak Brook, Illinois.
When did HCM ST, LLC (Series B) launch?
HCM ST, LLC (Series B) reports its first sale in Aug 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 65% of the 491 private equity funds based in Illinois, and more than 59% of all 9,142 that report sales.