AltMountain

IDI Acquisition, LLC

Bloomfield Hills, MI · CIK 1965339
Status: no Form D since Feb 2023. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

IDI Acquisition, LLC is a private equity fund based in Bloomfield Hills, Michigan. According to its most recent Form D, filed Feb 10, 2023, it has sold $1,000 of interests to 1 investor since its first sale in Jan 2023. The filing does not set a minimum investment. 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 Patrick Corden.

Total raised
$1,000Cumulative sales reported on Form D
Investors
1
First sale
Jan 31, 2023
Minimum investment
None set
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
Patrick Corden
Latest Form D
Feb 10, 2023

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 IDI Acquisition, LLC

What is the minimum investment for IDI Acquisition, LLC?

IDI Acquisition, LLC's latest Form D, filed Feb 10, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in IDI Acquisition, LLC?

IDI Acquisition, 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 IDI Acquisition, LLC raised?

IDI Acquisition, LLC reports $1,000 sold from 1 investor on its Form D filed Feb 10, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is IDI Acquisition, LLC based?

IDI Acquisition, LLC is based in Bloomfield Hills, Michigan.

When did IDI Acquisition, LLC launch?

IDI Acquisition, LLC reports its first sale in Jan 2023.

Size compared with every private equity fund

Raised more than 25% of the 87 private equity funds based in Michigan, and more than 0% of all 8,842 that report sales.

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