Mechonit I, LLC
Mechonit I, LLC is a private investment fund based in Harrison, New York. According to its most recent Form D, filed Feb 9, 2024, it has sold $14,907,023 of interests to 26 investors since its first sale in Dec 2018. 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 Jamie Hartman; Genesis Capital Advisors, LLC; Ezra Tuchman.
- Total raised
- $14,907,023Cumulative sales reported on Form D
- Investors
- 26
- First sale
- Dec 27, 2018
- 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
- Jamie Hartman; Genesis Capital Advisors, LLC; Ezra Tuchman
- Latest Form D
- Feb 9, 2024
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 Mechonit I, LLC
What is the minimum investment for Mechonit I, LLC?
According to its latest Form D, filed Feb 9, 2024, the minimum investment Mechonit I, LLC accepts from an outside investor is $100,000.
Who can invest in Mechonit I, LLC?
Mechonit I, 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 Mechonit I, LLC raised?
Mechonit I, LLC reports $14,907,023 sold from 26 investors on its Form D filed Feb 9, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Mechonit I, LLC based?
Mechonit I, LLC is based in Harrison, New York.
When did Mechonit I, LLC launch?
Mechonit I, LLC reports its first sale in Dec 2018.
Size compared with every private investment fund
Raised more than 51% of the 2,823 private investment funds based in New York, and more than 47% of all 10,266 that report sales.