NecoSage, LLC is a private equity fund based in Virginia Beach, Virginia. According to its most recent Form D, filed Apr 22, 2025, it has sold $1,600,000 of interests to 6 investors since its first sale in Jan 2024. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Farooq Cheema.
- Total raised
- $1,600,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Jan 10, 2024
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Farooq Cheema
- Latest Form D
- Apr 22, 2025
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 NecoSage, LLC
What is the minimum investment for NecoSage, LLC?
According to its latest Form D, filed Apr 22, 2025, the minimum investment NecoSage, LLC accepts from an outside investor is $25,000.
Who can invest in NecoSage, LLC?
NecoSage, LLC 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 NecoSage, LLC raised?
NecoSage, LLC reports $1,600,000 sold from 6 investors on its Form D filed Apr 22, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is NecoSage, LLC based?
NecoSage, LLC is based in Virginia Beach, Virginia.
When did NecoSage, LLC launch?
NecoSage, LLC reports its first sale in Jan 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 52% of the 204 private equity funds based in Virginia, and more than 25% of all 9,142 that report sales.