ITC Rumba, LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed May 17, 2017, it has sold $13,940,000 of interests to 29 investors since its first sale in Oct 2016. 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 Managing Member ITC Rumba Manager, LLC.
- Total raised
- $13,940,000Cumulative sales reported on Form D
- Investors
- 29
- First sale
- Oct 6, 2016
- 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
- Managing Member ITC Rumba Manager, LLC
- Latest Form D
- May 17, 2017
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 ITC Rumba, LLC
What is the minimum investment for ITC Rumba, LLC?
ITC Rumba, LLC's latest Form D, filed May 17, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in ITC Rumba, LLC?
ITC Rumba, 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 ITC Rumba, LLC raised?
ITC Rumba, LLC reports $13,940,000 sold from 29 investors on its Form D filed May 17, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is ITC Rumba, LLC based?
ITC Rumba, LLC is based in New York, New York.
When did ITC Rumba, LLC launch?
ITC Rumba, LLC reports its first sale in Oct 2016.
Size compared with every private investment fund
Raised more than 51% of the 2,823 private investment funds based in New York, and more than 46% of all 10,266 that report sales.