Joma Fund LLC is a private equity fund based in San Juan, Puerto Rico. According to its most recent Form D, filed May 16, 2025, it has sold $44,000,000 of interests to 1 investor since its first sale in Jan 2021. 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 Ana Rivera; Jose Baeza Visalden.
- Total raised
- $44,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jan 28, 2021
- 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
- Ana Rivera; Jose Baeza Visalden
- Latest Form D
- May 16, 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 Joma Fund LLC
What is the minimum investment for Joma Fund LLC?
According to its latest Form D, filed May 16, 2025, the minimum investment Joma Fund LLC accepts from an outside investor is $100,000.
Who can invest in Joma Fund LLC?
Joma Fund 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 Joma Fund LLC raised?
Joma Fund LLC reports $44,000,000 sold from 1 investor on its Form D filed May 16, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Joma Fund LLC based?
Joma Fund LLC is based in San Juan, Puerto Rico.
When did Joma Fund LLC launch?
Joma Fund LLC reports its first sale in Jan 2021, 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 88% of the 162 private equity funds based in Puerto Rico, and more than 62% of all 9,142 that report sales.