HGI AIF Select I, LLC
HGI AIF Select I, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Jul 18, 2016, it has sold $15,584,020 of interests to 112 investors since its first sale in Jul 2016. The minimum investment it accepts from an outside investor is $8,070. 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 Jay Zwiebel; Pinchas Mendlovic; Jordan Slone.
- Total raised
- $15,584,020Cumulative sales reported on Form D
- Investors
- 112
- First sale
- Jul 5, 2016
- Minimum investment
- $8,070
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jay Zwiebel; Pinchas Mendlovic; Jordan Slone
- Latest Form D
- Jul 18, 2016
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 HGI AIF Select I, LLC
What is the minimum investment for HGI AIF Select I, LLC?
According to its latest Form D, filed Jul 18, 2016, the minimum investment HGI AIF Select I, LLC accepts from an outside investor is $8,070.
Who can invest in HGI AIF Select I, LLC?
HGI AIF Select I, 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 HGI AIF Select I, LLC raised?
HGI AIF Select I, LLC reports $15,584,020 sold from 112 investors on its Form D filed Jul 18, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is HGI AIF Select I, LLC based?
HGI AIF Select I, LLC is based in Norfolk, Virginia.
When did HGI AIF Select I, LLC launch?
HGI AIF Select I, LLC reports its first sale in Jul 2016.
Size compared with every real estate fund
Raised more than 94% of the 141 real estate funds based in Virginia, and more than 84% of all 7,316 that report sales.