MV EI Fund I LLC is a private equity fund based in Austin, Texas. According to its most recent Form D, filed Jan 8, 2015, it has sold $1,454,000 of interests to 84 investors since its first sale in Sep 2014. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include William Clark.
- Total raised
- $1,454,000Cumulative sales reported on Form D
- Investors
- 84
- First sale
- Sep 9, 2014
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- William Clark
- Latest Form D
- Jan 8, 2015
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 MV EI Fund I LLC
What is the minimum investment for MV EI Fund I LLC?
According to its latest Form D, filed Jan 8, 2015, the minimum investment MV EI Fund I LLC accepts from an outside investor is $10,000.
Who can invest in MV EI Fund I LLC?
MV EI Fund 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(c), so it may advertise, but every investor must be verified as accredited.
How much has MV EI Fund I LLC raised?
MV EI Fund I LLC reports $1,454,000 sold from 84 investors on its Form D filed Jan 8, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is MV EI Fund I LLC based?
MV EI Fund I LLC is based in Austin, Texas.
When did MV EI Fund I LLC launch?
MV EI Fund I LLC reports its first sale in Sep 2014.
Size compared with every private equity fund
Raised more than 52% of the 1,403 private equity funds based in Texas, and more than 24% of all 8,950 that report sales.