AltMountain

Iris Equity Fund, LLC

Rancho Santa Fe, CA · CIK 1848240
Status: no Form D since Mar 2021. 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.

Iris Equity Fund, LLC is a real estate fund based in Rancho Santa Fe, California. According to its most recent Form D, filed Mar 15, 2021, it has sold $4,348,792 of interests to 30 investors since its first sale in Feb 2021. The minimum investment it accepts from an outside investor is $15,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Don Oliphant; Mark Knepper; Matt Campbell.

Total raised
$4,348,792Cumulative sales reported on Form D
Investors
30
First sale
Feb 18, 2021
Minimum investment
$15,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Don Oliphant; Mark Knepper; Matt Campbell
Latest Form D
Mar 15, 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 Iris Equity Fund, LLC

What is the minimum investment for Iris Equity Fund, LLC?

According to its latest Form D, filed Mar 15, 2021, the minimum investment Iris Equity Fund, LLC accepts from an outside investor is $15,000.

Who can invest in Iris Equity Fund, LLC?

Iris Equity Fund, 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 Iris Equity Fund, LLC raised?

Iris Equity Fund, LLC reports $4,348,792 sold from 30 investors on its Form D filed Mar 15, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Iris Equity Fund, LLC based?

Iris Equity Fund, LLC is based in Rancho Santa Fe, California.

When did Iris Equity Fund, LLC launch?

Iris Equity Fund, LLC reports its first sale in Feb 2021.

Size compared with every real estate fund

Raised more than 70% of the 1,091 real estate funds based in California, and more than 63% of all 7,337 that report sales.

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