Icaria Fund LLC is a real estate fund based in Southlake, Texas. According to its most recent Form D, filed Mar 24, 2025, it has sold $1,490,000 of interests to 14 investors since its first sale in Mar 2025. The minimum investment it accepts from an outside investor is $40,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Chaz Guinn; Jeff Wells.
- Total raised
- $1,490,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Mar 21, 2025
- Minimum investment
- $40,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Chaz Guinn; Jeff Wells
- Latest Form D
- Mar 24, 2025
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 Icaria Fund LLC
What is the minimum investment for Icaria Fund LLC?
According to its latest Form D, filed Mar 24, 2025, the minimum investment Icaria Fund LLC accepts from an outside investor is $40,000.
Who can invest in Icaria Fund LLC?
Icaria Fund 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 Icaria Fund LLC raised?
Icaria Fund LLC reports $1,490,000 sold from 14 investors on its Form D filed Mar 24, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Icaria Fund LLC based?
Icaria Fund LLC is based in Southlake, Texas.
When did Icaria Fund LLC launch?
Icaria Fund LLC reports its first sale in Mar 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 56% of the 1,419 real estate funds based in Texas, and more than 40% of all 7,350 that report sales.