KSBP Members LLC is a private investment fund based in Northbrook, Illinois. According to its most recent Form D, filed Jan 14, 2026, it has sold $6,900,000 of interests to 50 investors since its first sale in Nov 2025. The minimum investment it accepts from an outside investor is $100,000. 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 Seth Halpern.
- Total raised
- $6,900,000Cumulative sales reported on Form D
- Investors
- 50
- First sale
- Nov 12, 2025
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Seth Halpern
- Latest Form D
- Jan 14, 2026
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 KSBP Members LLC
What is the minimum investment for KSBP Members LLC?
According to its latest Form D, filed Jan 14, 2026, the minimum investment KSBP Members LLC accepts from an outside investor is $100,000.
Who can invest in KSBP Members LLC?
KSBP Members LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has KSBP Members LLC raised?
KSBP Members LLC reports $6,900,000 sold from 50 investors on its Form D filed Jan 14, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is KSBP Members LLC based?
KSBP Members LLC is based in Northbrook, Illinois.
When did KSBP Members LLC launch?
KSBP Members LLC reports its first sale in Nov 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 37% of the 554 private investment funds based in Illinois, and more than 36% of all 10,287 that report sales.