Hephaestus Development Partners, LLC is a real estate fund based in Milwaukee. According to its most recent Form D, filed Sep 6, 2022, it has sold $375,000 of interests to 3 investors since its first sale in Sep 2022. The minimum investment it accepts from an outside investor is $75,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Duane Nolde; Thomas Irgens; Mark Irgens.
- Total raised
- $375,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Sep 1, 2022
- Minimum investment
- $75,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Duane Nolde; Thomas Irgens; Mark Irgens
- Latest Form D
- Sep 6, 2022
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 Hephaestus Development Partners, LLC
What is the minimum investment for Hephaestus Development Partners, LLC?
According to its latest Form D, filed Sep 6, 2022, the minimum investment Hephaestus Development Partners, LLC accepts from an outside investor is $75,000.
Who can invest in Hephaestus Development Partners, LLC?
Hephaestus Development Partners, 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 Hephaestus Development Partners, LLC raised?
Hephaestus Development Partners, LLC reports $375,000 sold from 3 investors on its Form D filed Sep 6, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Hephaestus Development Partners, LLC based?
Hephaestus Development Partners, LLC is based in Milwaukee.
When did Hephaestus Development Partners, LLC launch?
Hephaestus Development Partners, LLC reports its first sale in Sep 2022.