AltMountain

IPG Bakersfield, LLC

Solana Beach, CA · CIK 1978078
Status: no Form D since May 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.

IPG Bakersfield, LLC is a real estate fund based in Solana Beach, California. According to its most recent Form D, filed May 17, 2023, it has sold $2,575,000 of interests to 2 investors since its first sale in May 2023. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Stephen Shields; IPG Bakersfield Manager, LLC.

Total raised
$2,575,000Cumulative sales reported on Form D
Investors
2
First sale
May 16, 2023
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Stephen Shields; IPG Bakersfield Manager, LLC
Latest Form D
May 17, 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 IPG Bakersfield, LLC

What is the minimum investment for IPG Bakersfield, LLC?

According to its latest Form D, filed May 17, 2023, the minimum investment IPG Bakersfield, LLC accepts from an outside investor is $25,000.

Who can invest in IPG Bakersfield, LLC?

IPG Bakersfield, 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 IPG Bakersfield, LLC raised?

IPG Bakersfield, LLC reports $2,575,000 sold from 2 investors on its Form D filed May 17, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is IPG Bakersfield, LLC based?

IPG Bakersfield, LLC is based in Solana Beach, California.

When did IPG Bakersfield, LLC launch?

IPG Bakersfield, LLC reports its first sale in May 2023.

Size compared with every real estate fund

Raised more than 63% of the 1,091 real estate funds based in California, and more than 51% of all 7,337 that report sales.

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