Lsif Ctadmin LLC is a private equity fund based in Montclair, New Jersey. According to its most recent Form D, filed Aug 19, 2020, it has sold $927,500 of interests to 4 investors since its first sale in Jul 2020. The minimum investment it accepts from an outside investor is $74,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Late Stage Management III LLC; Carl Davidson.
- Total raised
- $927,500Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Jul 1, 2020
- Minimum investment
- $74,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Late Stage Management III LLC; Carl Davidson
- Latest Form D
- Aug 19, 2020
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 Lsif Ctadmin LLC
What is the minimum investment for Lsif Ctadmin LLC?
According to its latest Form D, filed Aug 19, 2020, the minimum investment Lsif Ctadmin LLC accepts from an outside investor is $74,000.
Who can invest in Lsif Ctadmin LLC?
Lsif Ctadmin 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Lsif Ctadmin LLC raised?
Lsif Ctadmin LLC reports $927,500 sold from 4 investors on its Form D filed Aug 19, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Lsif Ctadmin LLC based?
Lsif Ctadmin LLC is based in Montclair, New Jersey.
When did Lsif Ctadmin LLC launch?
Lsif Ctadmin LLC reports its first sale in Jul 2020.
Size compared with every private equity fund
Raised more than 44% of the 209 private equity funds based in New Jersey, and more than 20% of all 8,864 that report sales.