Mars-DDA, LLC is a private investment fund based in Chicago, Illinois. According to its most recent Form D, filed Dec 31, 2015, it has sold $1,250,000 of interests to 6 investors since its first sale in Dec 2015. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jeffrey Kaplan; Michael Rane; Michael Savini.
- Total raised
- $1,250,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Dec 19, 2015
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jeffrey Kaplan; Michael Rane; Michael Savini
- Latest Form D
- Dec 31, 2015
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 Mars-DDA, LLC
What is the minimum investment for Mars-DDA, LLC?
Mars-DDA, LLC's latest Form D, filed Dec 31, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Mars-DDA, LLC?
Mars-DDA, 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(b), which does not allow general advertising.
How much has Mars-DDA, LLC raised?
Mars-DDA, LLC reports $1,250,000 sold from 6 investors on its Form D filed Dec 31, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Mars-DDA, LLC based?
Mars-DDA, LLC is based in Chicago, Illinois.
When did Mars-DDA, LLC launch?
Mars-DDA, LLC reports its first sale in Dec 2015.
Size compared with every private investment fund
Raised more than 28% of the 552 private investment funds based in Illinois, and more than 16% of all 10,212 that report sales.