Karmel ABS25 LLC is a private investment fund based in Solana Beach, California. According to its most recent Form D, filed Apr 11, 2025, it has sold $6,500,007 of interests to 2 investors since its first sale in Mar 2025. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include James Brailean; Scott Neuberger; Karmel KARMEL CAPITAL MANAGEMENT LLC.
- Total raised
- $6,500,007Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Mar 14, 2025
- 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
- James Brailean; Scott Neuberger; Karmel KARMEL CAPITAL MANAGEMENT LLC
- Latest Form D
- Apr 11, 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 Karmel ABS25 LLC
What is the minimum investment for Karmel ABS25 LLC?
Karmel ABS25 LLC's latest Form D, filed Apr 11, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Karmel ABS25 LLC?
Karmel ABS25 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 Karmel ABS25 LLC raised?
Karmel ABS25 LLC reports $6,500,007 sold from 2 investors on its Form D filed Apr 11, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Karmel ABS25 LLC based?
Karmel ABS25 LLC is based in Solana Beach, California.
When did Karmel ABS25 LLC launch?
Karmel ABS25 LLC reports its first sale in Mar 2025, 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 investment fund
Raised more than 56% of the 1,717 private investment funds based in California, and more than 36% of all 10,287 that report sales.