AltMountain

LCM Trust

Greenville, DE · CIK 1409718
Status: no Form D since Apr 2012. 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.

LCM Trust is a hedge fund based in Greenville, Delaware. According to its most recent Form D, filed Apr 12, 2012, the fund has sold $15,245,606 of interests to 23 investors since its first sale in Oct 2006. The minimum investment it accepts from an outside investor is $2,000,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include Richard Matteo; Joseph Pappo; Donald Reid.

Performance

No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.

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Total raised
$15,245,606Cumulative sales reported on Form D
Investors
23
First sale
Oct 1, 2006
Minimum investment
$2,000,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Other exemption
Key people and entities
Richard Matteo; Joseph Pappo; Donald Reid
Latest Form D
Apr 12, 2012

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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about LCM Trust

What is the minimum investment for LCM Trust?

According to its latest Form D, filed Apr 12, 2012, the minimum investment LCM Trust accepts from an outside investor is $2,000,000.

Who can invest in LCM Trust?

LCM Trust 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).

How much has LCM Trust raised?

LCM Trust reports $15,245,606 sold from 23 investors on its Form D filed Apr 12, 2012. This is cumulative sales since the offering began, not current assets or performance.

Where is LCM Trust based?

LCM Trust is based in Greenville, Delaware.

When did LCM Trust launch?

LCM Trust reports its first sale in Oct 2006.

Size compared with every hedge fund

Raised more than 51% of the 187 hedge funds based in Delaware, and more than 27% of all 10,118 that report sales.

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