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MDS 2019-Marcellus Shale Development, LP

Pittsburgh, PA · CIK 1771099 · Sponsor: MDS Energy Development, LLC
Status: no Form D since Feb 2020. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

MDS 2019-Marcellus Shale Development, LP is an energy fund based in Pittsburgh, Pennsylvania. According to its most recent Form D, filed Feb 13, 2020, it has sold $68,639,635 of interests to 794 investors since its first sale in Jun 2019. 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 Jason Knapp; Woody Soemantoro; Zachary Avi.

Total raised
$68,639,635Cumulative sales reported on Form D
Investors
794
First sale
Jun 17, 2019
Minimum investment
$20,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Jason Knapp; Woody Soemantoro; Zachary Avi
Latest Form D
Feb 13, 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 MDS 2019-Marcellus Shale Development, LP

What is the minimum investment for MDS 2019-Marcellus Shale Development, LP?

According to its latest Form D, filed Feb 13, 2020, the minimum investment MDS 2019-Marcellus Shale Development, LP accepts from an outside investor is $20,000.

Who can invest in MDS 2019-Marcellus Shale Development, LP?

MDS 2019-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 2019-Marcellus Shale Development, LP raised?

MDS 2019-Marcellus Shale Development, LP reports $68,639,635 sold from 794 investors on its Form D filed Feb 13, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is MDS 2019-Marcellus Shale Development, LP based?

MDS 2019-Marcellus Shale Development, LP is based in Pittsburgh, Pennsylvania.

When did MDS 2019-Marcellus Shale Development, LP launch?

MDS 2019-Marcellus Shale Development, LP reports its first sale in Jun 2019.

Size compared with every energy fund

Raised more than 69% of the 13 energy funds based in Pennsylvania, and more than 92% of all 332 that report sales.

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