MCMF Lotus II is a private investment fund based in Brooklyn, New York. According to its most recent Form D, filed Jan 23, 2019, it has sold $100,000 of interests to 2 investors since its first sale in May 2018. The minimum investment it accepts from an outside investor is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Investments Minetta; Ying Miao.
- Total raised
- $100,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- May 23, 2018
- Minimum investment
- $25,000
- 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
- Investments Minetta; Ying Miao
- Latest Form D
- Jan 23, 2019
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 MCMF Lotus II
What is the minimum investment for MCMF Lotus II?
According to its latest Form D, filed Jan 23, 2019, the minimum investment MCMF Lotus II accepts from an outside investor is $25,000.
Who can invest in MCMF Lotus II?
MCMF Lotus II 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 MCMF Lotus II raised?
MCMF Lotus II reports $100,000 sold from 2 investors on its Form D filed Jan 23, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is MCMF Lotus II based?
MCMF Lotus II is based in Brooklyn, New York.
When did MCMF Lotus II launch?
MCMF Lotus II reports its first sale in May 2018.
Size compared with every private investment fund
Raised more than 22% of the 2,834 private investment funds based in New York, and more than 2% of all 10,287 that report sales.