Hesperus Austin Development LLC is a real estate fund based in Austin, Texas. According to its most recent Form D, filed Jan 28, 2020, it has sold $1,550,153 of interests to 11 investors since its first sale in Jan 2020. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Fausto Barba.
- Total raised
- $1,550,153Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Jan 15, 2020
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Fausto Barba
- Latest Form D
- Jan 28, 2020
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 Hesperus Austin Development LLC
What is the minimum investment for Hesperus Austin Development LLC?
According to its latest Form D, filed Jan 28, 2020, the minimum investment Hesperus Austin Development LLC accepts from an outside investor is $100,000.
Who can invest in Hesperus Austin Development LLC?
Hesperus Austin Development 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 Hesperus Austin Development LLC raised?
Hesperus Austin Development LLC reports $1,550,153 sold from 11 investors on its Form D filed Jan 28, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Hesperus Austin Development LLC based?
Hesperus Austin Development LLC is based in Austin, Texas.
When did Hesperus Austin Development LLC launch?
Hesperus Austin Development LLC reports its first sale in Jan 2020.
Size compared with every real estate fund
Raised more than 56% of the 1,416 real estate funds based in Texas, and more than 41% of all 7,311 that report sales.