HGI AIF Select II, LLC
HGI AIF Select II, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Sep 20, 2016, it has sold $20,000,000 of interests to 48 investors since its first sale in Sep 2016. The minimum investment it accepts from an outside investor is $9,000. 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 Thomas Litton, Jr; Jay Zwiebel; Co., LLC HGI AIF V Managing.
- Total raised
- $20,000,000Cumulative sales reported on Form D
- Investors
- 48
- First sale
- Sep 6, 2016
- Minimum investment
- $9,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Thomas Litton, Jr; Jay Zwiebel; Co., LLC HGI AIF V Managing
- Latest Form D
- Sep 20, 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 II, LLC
What is the minimum investment for HGI AIF Select II, LLC?
According to its latest Form D, filed Sep 20, 2016, the minimum investment HGI AIF Select II, LLC accepts from an outside investor is $9,000.
Who can invest in HGI AIF Select II, LLC?
HGI AIF Select II, 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 II, LLC raised?
HGI AIF Select II, LLC reports $20,000,000 sold from 48 investors on its Form D filed Sep 20, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is HGI AIF Select II, LLC based?
HGI AIF Select II, LLC is based in Norfolk, Virginia.
When did HGI AIF Select II, LLC launch?
HGI AIF Select II, LLC reports its first sale in Sep 2016.
Size compared with every real estate fund
Raised more than 97% of the 141 real estate funds based in Virginia, and more than 87% of all 7,348 that report sales.