AltMountain

LIP Wellesley, LLC

Raleigh, NC · CIK 1990269 · Sponsor: LIBERTY INVESTMENT PARTNERS, LLC
Status: no Form D since Aug 2023. 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.

LIP Wellesley, LLC is a real estate fund based in Raleigh, North Carolina. According to its most recent Form D, filed Aug 28, 2023, it has sold $4,450,000 of interests to 27 investors since its first sale in Aug 2023. 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 K. Barker; Liberty Investment Partners, LLC.

Total raised
$4,450,000Cumulative sales reported on Form D
Investors
27
First sale
Aug 16, 2023
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
K. Barker; Liberty Investment Partners, LLC
Latest Form D
Aug 28, 2023

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 LIP Wellesley, LLC

What is the minimum investment for LIP Wellesley, LLC?

LIP Wellesley, LLC's latest Form D, filed Aug 28, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in LIP Wellesley, LLC?

LIP Wellesley, 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 LIP Wellesley, LLC raised?

LIP Wellesley, LLC reports $4,450,000 sold from 27 investors on its Form D filed Aug 28, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is LIP Wellesley, LLC based?

LIP Wellesley, LLC is based in Raleigh, North Carolina.

When did LIP Wellesley, LLC launch?

LIP Wellesley, LLC reports its first sale in Aug 2023.

Size compared with every real estate fund

Raised more than 74% of the 294 real estate funds based in North Carolina, and more than 63% of all 7,337 that report sales.

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