Isla del Sur LLC is a private equity fund based in Houston, Texas. According to its most recent Form D, filed Feb 20, 2025, it has sold $2,273,000 of interests to 30 investors since its first sale in Apr 2024. The minimum investment it accepts from an outside investor is $100,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Bakers Creek Management LLC.
- Total raised
- $2,273,000Cumulative sales reported on Form D
- Investors
- 30
- First sale
- Apr 19, 2024
- Minimum investment
- $100,000
- 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
- Bakers Creek Management LLC
- Latest Form D
- Feb 20, 2025
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 Isla del Sur LLC
What is the minimum investment for Isla del Sur LLC?
According to its latest Form D, filed Feb 20, 2025, the minimum investment Isla del Sur LLC accepts from an outside investor is $100,000.
Who can invest in Isla del Sur LLC?
Isla del Sur 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 Isla del Sur LLC raised?
Isla del Sur LLC reports $2,273,000 sold from 30 investors on its Form D filed Feb 20, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Isla del Sur LLC based?
Isla del Sur LLC is based in Houston, Texas and is managed by Leggett Ventures.
When did Isla del Sur LLC launch?
Isla del Sur LLC reports its first sale in Apr 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 54% of the 1,472 private equity funds based in Texas, and more than 27% of all 9,142 that report sales.