Jumpstart Next Fund, LLC is a private equity fund based in Cleveland, Ohio. According to its most recent Form D, filed Sep 13, 2016, it has sold $20,000,000 of interests to 35 investors since its first sale in Jan 2015. 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 Ray Leach.
- Total raised
- $20,000,000Cumulative sales reported on Form D
- Investors
- 35
- First sale
- Jan 15, 2015
- 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
- Ray Leach
- Latest Form D
- Sep 13, 2016
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 Jumpstart Next Fund, LLC
What is the minimum investment for Jumpstart Next Fund, LLC?
Jumpstart Next Fund, LLC's latest Form D, filed Sep 13, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Jumpstart Next Fund, LLC?
Jumpstart Next 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 Jumpstart Next Fund, LLC raised?
Jumpstart Next Fund, LLC reports $20,000,000 sold from 35 investors on its Form D filed Sep 13, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Jumpstart Next Fund, LLC based?
Jumpstart Next Fund, LLC is based in Cleveland, Ohio.
When did Jumpstart Next Fund, LLC launch?
Jumpstart Next Fund, LLC reports its first sale in Jan 2015.
Size compared with every private equity fund
Raised more than 56% of the 70 private equity funds based in Ohio, and more than 51% of all 8,896 that report sales.