Laurel Bain LLC
Laurel Bain LLC is a private equity fund based in New Orleans, Louisiana. According to its most recent Form D, filed Jan 26, 2021, it has sold $4,000,000 of interests to 19 investors since its first sale in Jan 2021. The minimum investment it accepts from an outside investor is $25,000. 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. Related persons named in the filing include Frank Friedler, III; Randy Fertel.
- Total raised
- $4,000,000Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Jan 25, 2021
- Minimum investment
- $25,000
- 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
- Frank Friedler, III; Randy Fertel
- Latest Form D
- Jan 26, 2021
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 Laurel Bain LLC
What is the minimum investment for Laurel Bain LLC?
According to its latest Form D, filed Jan 26, 2021, the minimum investment Laurel Bain LLC accepts from an outside investor is $25,000.
Who can invest in Laurel Bain LLC?
Laurel Bain 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 Laurel Bain LLC raised?
Laurel Bain LLC reports $4,000,000 sold from 19 investors on its Form D filed Jan 26, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Laurel Bain LLC based?
Laurel Bain LLC is based in New Orleans, Louisiana.
When did Laurel Bain LLC launch?
Laurel Bain LLC reports its first sale in Jan 2021.
Size compared with every private equity fund
Raised more than 33% of the 9 private equity funds based in Louisiana, and more than 32% of all 8,888 that report sales.