MDF Advance LLC is a private investment fund based in San Diego, California. According to its most recent Form D, filed Jul 21, 2023, it has sold $7,196,987 of interests to 27 investors since its first sale in Dec 2020. The minimum investment it accepts from an outside investor is $100,000. 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 David Lynn.
- Total raised
- $7,196,987Cumulative sales reported on Form D
- Investors
- 27
- First sale
- Dec 11, 2020
- Minimum investment
- $100,000
- 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
- David Lynn
- Latest Form D
- Jul 21, 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 MDF Advance LLC
What is the minimum investment for MDF Advance LLC?
According to its latest Form D, filed Jul 21, 2023, the minimum investment MDF Advance LLC accepts from an outside investor is $100,000.
Who can invest in MDF Advance LLC?
MDF Advance 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 MDF Advance LLC raised?
MDF Advance LLC reports $7,196,987 sold from 27 investors on its Form D filed Jul 21, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is MDF Advance LLC based?
MDF Advance LLC is based in San Diego, California.
When did MDF Advance LLC launch?
MDF Advance LLC reports its first sale in Dec 2020.
Size compared with every private investment fund
Raised more than 56% of the 1,719 private investment funds based in California, and more than 37% of all 10,263 that report sales.