AltMountain

Karmel NSI24 LLC

Solana Beach, CA · CIK 2036044
Status: no Form D since Sep 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Karmel NSI24 LLC is a private investment fund based in Solana Beach, California. According to its most recent Form D, filed Sep 4, 2024, it has sold $2,241,816 of interests to 2 investors since its first sale in Aug 2024. 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 Scott Neuberger; Christian Buckley; Karmel Capital Management LLC.

Total raised
$2,241,816Cumulative sales reported on Form D
Investors
2
First sale
Aug 22, 2024
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
Scott Neuberger; Christian Buckley; Karmel Capital Management LLC
Latest Form D
Sep 4, 2024

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 NSI24 LLC

What is the minimum investment for Karmel NSI24 LLC?

Karmel NSI24 LLC's latest Form D, filed Sep 4, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Karmel NSI24 LLC?

Karmel NSI24 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 NSI24 LLC raised?

Karmel NSI24 LLC reports $2,241,816 sold from 2 investors on its Form D filed Sep 4, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Karmel NSI24 LLC based?

Karmel NSI24 LLC is based in Solana Beach, California.

When did Karmel NSI24 LLC launch?

Karmel NSI24 LLC reports its first sale in Aug 2024.

Size compared with every private investment fund

Raised more than 42% of the 1,719 private investment funds based in California, and more than 22% of all 10,333 that report sales.

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