MDS 2017-Marcellus Shale Development, LP
MDS 2017-Marcellus Shale Development, LP is an energy fund based in Kittanning, Pennsylvania. According to its most recent Form D, filed Jul 6, 2018, it has sold $31,478,200 of interests to 361 investors since its first sale in Jul 2017. The minimum investment it accepts from an outside investor is $20,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Snyder; Adam Zellman; MDS Energy Development, LLC MDS Energy Development, LLC.
- Total raised
- $31,478,200Cumulative sales reported on Form D
- Investors
- 361
- First sale
- Jul 25, 2017
- Minimum investment
- $20,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Snyder; Adam Zellman; MDS Energy Development, LLC MDS Energy Development, LLC
- Latest Form D
- Jul 6, 2018
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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Jul 6, 2018 | Amendment | $31,478,200 | 361 | SEC.gov ↗ |
| Jun 12, 2017 | Amendment | $0 | 0 | SEC.gov ↗ |
| Jan 11, 2017 | First notice | $0 | 0 | SEC.gov ↗ |
3 Form D filings in the SEC's electronic records (2008 onward), the earliest on Jan 11, 2017. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about MDS 2017-Marcellus Shale Development, LP
What is the minimum investment for MDS 2017-Marcellus Shale Development, LP?
According to its latest Form D, filed Jul 6, 2018, the minimum investment MDS 2017-Marcellus Shale Development, LP accepts from an outside investor is $20,000.
Who can invest in MDS 2017-Marcellus Shale Development, LP?
MDS 2017-Marcellus Shale Development, LP 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 MDS 2017-Marcellus Shale Development, LP raised?
MDS 2017-Marcellus Shale Development, LP reports $31,478,200 sold from 361 investors on its Form D filed Jul 6, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is MDS 2017-Marcellus Shale Development, LP based?
MDS 2017-Marcellus Shale Development, LP is based in Kittanning, Pennsylvania.
When did MDS 2017-Marcellus Shale Development, LP launch?
MDS 2017-Marcellus Shale Development, LP reports its first sale in Jul 2017.
Size compared with every energy fund
Raised more than 69% of the 13 energy funds based in Pennsylvania, and more than 85% of all 332 that report sales.
Other programs from MDS Energy Development, LLC
- MDS 2026-Shale Development, LP$120M
- MDS 2025-Shale Development, LP$246M
- MDS 2024-Shale Development, LP$177M
- MDS 2023-Shale Development, LP$176M
- MDS 2022-Shale Development, LP$217M
- MDS 2021-Marcellus Shale Development, LP$147M
- MDS 2020 - Marcellus Shale Development, LP$59.5M
- MDS 2019-Marcellus Shale Development, LP$68.6M