LB-Unhedged LLC
LB-Unhedged LLC is a private equity fund based in Delray Beach, Florida. According to its most recent Form D, filed Mar 29, 2021, it has sold $2,135,000 of interests to 21 investors since its first sale in Feb 2021. 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 Michael Margolies.
- Total raised
- $2,135,000Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Feb 9, 2021
- 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
- Michael Margolies
- Latest Form D
- Mar 29, 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 LB-Unhedged LLC
What is the minimum investment for LB-Unhedged LLC?
LB-Unhedged LLC's latest Form D, filed Mar 29, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in LB-Unhedged LLC?
LB-Unhedged 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 LB-Unhedged LLC raised?
LB-Unhedged LLC reports $2,135,000 sold from 21 investors on its Form D filed Mar 29, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is LB-Unhedged LLC based?
LB-Unhedged LLC is based in Delray Beach, Florida.
When did LB-Unhedged LLC launch?
LB-Unhedged LLC reports its first sale in Feb 2021.
Size compared with every private equity fund
Raised more than 60% of the 777 private equity funds based in Florida, and more than 27% of all 8,889 that report sales.