IGIS Midtown LLC is a real estate fund based in Yeongdeungpo-Gu, Seoul, Korea, Republic of. According to its most recent Form D, filed Jul 28, 2021, it has sold $62,500 of interests to 125 investors since its first sale in Jul 2021. The minimum investment it accepts from an outside investor is $500. 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 Jaehong Kim.
- Total raised
- $62,500Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jul 28, 2021
- Minimum investment
- $500
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jaehong Kim
- Latest Form D
- Jul 28, 2021
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 IGIS Midtown LLC
What is the minimum investment for IGIS Midtown LLC?
According to its latest Form D, filed Jul 28, 2021, the minimum investment IGIS Midtown LLC accepts from an outside investor is $500.
Who can invest in IGIS Midtown LLC?
IGIS Midtown 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 IGIS Midtown LLC raised?
IGIS Midtown LLC reports $62,500 sold from 125 investors on its Form D filed Jul 28, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is IGIS Midtown LLC based?
IGIS Midtown LLC is based in Yeongdeungpo-Gu, Seoul, Korea, Republic of.
When did IGIS Midtown LLC launch?
IGIS Midtown LLC reports its first sale in Jul 2021.
Size compared with every real estate fund
Raised more than 0% of the 3 real estate funds based in Korea, Republic of, and more than 2% of all 7,311 that report sales.