AltMountain

Iris Partners LLC

Anniston, AL · CIK 1724406
Status: no Form D since Jan 2018. 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 Partners LLC is a real estate fund based in Anniston, Alabama. According to its most recent Form D, filed Jan 4, 2018, it has sold $4,910,500 of interests to 1 investor since its first sale in Dec 2017. The minimum investment it accepts from an outside investor is $4,910,500. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Frank Schuler; Matthew Ornstein.

Total raised
$4,910,500Cumulative sales reported on Form D
Investors
1
First sale
Dec 20, 2017
Minimum investment
$4,910,500
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Frank Schuler; Matthew Ornstein
Latest Form D
Jan 4, 2018

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 Partners LLC

What is the minimum investment for Iris Partners LLC?

According to its latest Form D, filed Jan 4, 2018, the minimum investment Iris Partners LLC accepts from an outside investor is $4,910,500.

Who can invest in Iris Partners LLC?

Iris Partners 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 Partners LLC raised?

Iris Partners LLC reports $4,910,500 sold from 1 investor on its Form D filed Jan 4, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Iris Partners LLC based?

Iris Partners LLC is based in Anniston, Alabama.

When did Iris Partners LLC launch?

Iris Partners LLC reports its first sale in Dec 2017.

Size compared with every real estate fund

Raised more than 63% of the 91 real estate funds based in Alabama, and more than 65% of all 7,337 that report sales.

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