HGI BSW Fund III, LLC is a private equity fund based in Norfolk, Virginia. According to its most recent Form D, filed May 9, 2014, it has sold $8,160,000 of interests to 95 investors since its first sale in May 2014. The minimum investment it accepts from an outside investor is $20,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Pinchas Mendlovic; Jordan Slone; David Zwiebel.
- Total raised
- $8,160,000Cumulative sales reported on Form D
- Investors
- 95
- First sale
- May 1, 2014
- Minimum investment
- $20,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Pinchas Mendlovic; Jordan Slone; David Zwiebel
- Latest Form D
- May 9, 2014
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 BSW Fund III, LLC
What is the minimum investment for HGI BSW Fund III, LLC?
According to its latest Form D, filed May 9, 2014, the minimum investment HGI BSW Fund III, LLC accepts from an outside investor is $20,000.
Who can invest in HGI BSW Fund III, LLC?
HGI BSW Fund III, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has HGI BSW Fund III, LLC raised?
HGI BSW Fund III, LLC reports $8,160,000 sold from 95 investors on its Form D filed May 9, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is HGI BSW Fund III, LLC based?
HGI BSW Fund III, LLC is based in Norfolk, Virginia.
When did HGI BSW Fund III, LLC launch?
HGI BSW Fund III, LLC reports its first sale in May 2014.
Size compared with every private equity fund
Raised more than 76% of the 205 private equity funds based in Virginia, and more than 40% of all 8,888 that report sales.