IRC Malibu Sidecar LLC
IRC Malibu Sidecar LLC is a private investment fund based in Los Angeles, California. According to its most recent Form D, filed Mar 30, 2020, it has sold $7,260,000 of interests to 20 investors since its first sale in Dec 2019. 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 Sean Cunningham; John Carrick; Robert Lindner.
- Total raised
- $7,260,000Cumulative sales reported on Form D
- Investors
- 20
- First sale
- Dec 3, 2019
- 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
- Sean Cunningham; John Carrick; Robert Lindner
- Latest Form D
- Mar 30, 2020
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 IRC Malibu Sidecar LLC
What is the minimum investment for IRC Malibu Sidecar LLC?
IRC Malibu Sidecar LLC's latest Form D, filed Mar 30, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in IRC Malibu Sidecar LLC?
IRC Malibu Sidecar 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 IRC Malibu Sidecar LLC raised?
IRC Malibu Sidecar LLC reports $7,260,000 sold from 20 investors on its Form D filed Mar 30, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is IRC Malibu Sidecar LLC based?
IRC Malibu Sidecar LLC is based in Los Angeles, California.
When did IRC Malibu Sidecar LLC launch?
IRC Malibu Sidecar LLC reports its first sale in Dec 2019.
Size compared with every private investment fund
Raised more than 57% of the 1,719 private investment funds based in California, and more than 37% of all 10,266 that report sales.