ICG Aspera DST is a real estate fund based in Clovis, California. According to its most recent Form D, filed Apr 24, 2025, it has sold $47,850,000 of interests to 135 investors since its first sale in Sep 2024. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include ICG Depositor, LLC; ICG Administrative Trustee, LLC; IDEAL Capital Group Holdings, LLC.
- Total raised
- $47,850,000Cumulative sales reported on Form D
- Investors
- 135
- First sale
- Sep 20, 2024
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- ICG Depositor, LLC; ICG Administrative Trustee, LLC; IDEAL Capital Group Holdings, LLC
- Latest Form D
- Apr 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 ICG Aspera DST
What is the minimum investment for ICG Aspera DST?
According to its latest Form D, filed Apr 24, 2025, the minimum investment ICG Aspera DST accepts from an outside investor is $25,000.
Who can invest in ICG Aspera DST?
ICG Aspera DST is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has ICG Aspera DST raised?
ICG Aspera DST reports $47,850,000 sold from 135 investors on its Form D filed Apr 24, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is ICG Aspera DST based?
ICG Aspera DST is based in Clovis, California.
When did ICG Aspera DST launch?
ICG Aspera DST reports its first sale in Sep 2024, 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 93% of the 1,095 real estate funds based in California, and more than 94% of all 7,350 that report sales.