HEP Fund 23, LLC is a real estate fund based in Fargo, North Dakota. According to its most recent Form D, filed Jun 30, 2023, it has sold $450,000 of interests to 11 investors since its first sale in Jun 2023. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Adam Zach.
- Total raised
- $450,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Jun 6, 2023
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Adam Zach
- Latest Form D
- Jun 30, 2023
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 HEP Fund 23, LLC
What is the minimum investment for HEP Fund 23, LLC?
According to its latest Form D, filed Jun 30, 2023, the minimum investment HEP Fund 23, LLC accepts from an outside investor is $25,000.
Who can invest in HEP Fund 23, LLC?
HEP Fund 23, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has HEP Fund 23, LLC raised?
HEP Fund 23, LLC reports $450,000 sold from 11 investors on its Form D filed Jun 30, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is HEP Fund 23, LLC based?
HEP Fund 23, LLC is based in Fargo, North Dakota.
When did HEP Fund 23, LLC launch?
HEP Fund 23, LLC reports its first sale in Jun 2023.
Size compared with every real estate fund
Raised more than 38% of the 26 real estate funds based in North Dakota, and more than 23% of all 7,351 that report sales.