ILY Extension, LLC is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Jun 7, 2022, it has sold $339,237 of interests to 18 investors since its first sale in May 2022. 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 Jason Sowers; WCM Extension Manager, LLC; Lucius Reese.
- Total raised
- $339,237Cumulative sales reported on Form D
- Investors
- 18
- First sale
- May 24, 2022
- 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
- Jason Sowers; WCM Extension Manager, LLC; Lucius Reese
- Latest Form D
- Jun 7, 2022
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 ILY Extension, LLC
What is the minimum investment for ILY Extension, LLC?
ILY Extension, LLC's latest Form D, filed Jun 7, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in ILY Extension, LLC?
ILY Extension, 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 ILY Extension, LLC raised?
ILY Extension, LLC reports $339,237 sold from 18 investors on its Form D filed Jun 7, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is ILY Extension, LLC based?
ILY Extension, LLC is based in Chicago, Illinois.
When did ILY Extension, LLC launch?
ILY Extension, LLC reports its first sale in May 2022.
Size compared with every private equity fund
Raised more than 48% of the 482 private equity funds based in Illinois, and more than 12% of all 8,889 that report sales.