AltMountain

Les Dev LLC

New York, NY · CIK 1728040
Status: no Form D since Jan 2018. 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.

Les Dev LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed Jan 16, 2018, it has sold $1,035,000 of interests to 6 investors since its first sale in Jan 2018. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Sheryl Hempel.

Total raised
$1,035,000Cumulative sales reported on Form D
Investors
6
First sale
Jan 2, 2018
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Sheryl Hempel
Latest Form D
Jan 16, 2018

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 Les Dev LLC

What is the minimum investment for Les Dev LLC?

Les Dev LLC's latest Form D, filed Jan 16, 2018, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Les Dev LLC?

Les Dev 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 Les Dev LLC raised?

Les Dev LLC reports $1,035,000 sold from 6 investors on its Form D filed Jan 16, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Les Dev LLC based?

Les Dev LLC is based in New York, New York.

When did Les Dev LLC launch?

Les Dev LLC reports its first sale in Jan 2018.

Size compared with every real estate fund

Raised more than 58% of the 811 real estate funds based in New York, and more than 33% of all 7,311 that report sales.

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