HCN LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Mar 10, 2014, it has sold $234,204,287 of interests to 4 investors since its first sale in Dec 2013. The minimum investment it accepts from an outside investor is $7,500,000. 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. Related persons named in the filing include Guggenheim Partners Investment Management, LLC; U.S. Bank National Association as Trustee.
- Total raised
- $234,204,287Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Dec 24, 2013
- Minimum investment
- $7,500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Guggenheim Partners Investment Management, LLC; U.S. Bank National Association as Trustee
- Latest Form D
- Mar 10, 2014
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 HCN LLC
What is the minimum investment for HCN LLC?
According to its latest Form D, filed Mar 10, 2014, the minimum investment HCN LLC accepts from an outside investor is $7,500,000.
Who can invest in HCN LLC?
HCN LLC 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 HCN LLC raised?
HCN LLC reports $234,204,287 sold from 4 investors on its Form D filed Mar 10, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is HCN LLC based?
HCN LLC is based in New York, New York.
When did HCN LLC launch?
HCN LLC reports its first sale in Dec 2013.
Size compared with every private investment fund
Raised more than 80% of the 2,804 private investment funds based in New York, and more than 81% of all 10,190 that report sales.