AltMountain

LC Life Settlements Fund, LP

Los Angeles, CA · CIK 1506620
Status: no Form D since Dec 2010. 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.

LC Life Settlements Fund, LP is a private equity fund based in Los Angeles, California. According to its most recent Form D, filed Dec 9, 2010, it has sold $52,975,000 of interests to 132 investors since its first sale in Dec 2010. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include Luminous Capital GP LLC; Luminous Capital Holdings, LLC; David Hou.

Total raised
$52,975,000Cumulative sales reported on Form D
Investors
132
First sale
Dec 6, 2010
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Other exemption
Key people and entities
Luminous Capital GP LLC; Luminous Capital Holdings, LLC; David Hou
Latest Form D
Dec 9, 2010

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 LC Life Settlements Fund, LP

What is the minimum investment for LC Life Settlements Fund, LP?

LC Life Settlements Fund, LP's latest Form D, filed Dec 9, 2010, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in LC Life Settlements Fund, LP?

LC Life Settlements Fund, LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).

How much has LC Life Settlements Fund, LP raised?

LC Life Settlements Fund, LP reports $52,975,000 sold from 132 investors on its Form D filed Dec 9, 2010. This is cumulative sales since the offering began, not current assets or performance.

Where is LC Life Settlements Fund, LP based?

LC Life Settlements Fund, LP is based in Los Angeles, California.

When did LC Life Settlements Fund, LP launch?

LC Life Settlements Fund, LP reports its first sale in Dec 2010.

Size compared with every private equity fund

Raised more than 83% of the 1,747 private equity funds based in California, and more than 65% of all 8,950 that report sales.

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