New Reality Fund LLC is a private investment fund based in Hendersonville, North Carolina. According to its most recent Form D, filed Oct 29, 2025, it has sold $40,000 of interests since its first sale in Oct 2025. The minimum investment it accepts from an outside investor is $40,000. 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 Lisa Heathfield.
- Total raised
- $40,000Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Oct 7, 2025
- Minimum investment
- $40,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Lisa Heathfield
- Latest Form D
- Oct 29, 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 New Reality Fund LLC
What is the minimum investment for New Reality Fund LLC?
According to its latest Form D, filed Oct 29, 2025, the minimum investment New Reality Fund LLC accepts from an outside investor is $40,000.
Who can invest in New Reality Fund LLC?
New Reality Fund 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 New Reality Fund LLC raised?
New Reality Fund LLC reports $40,000 sold on its Form D filed Oct 29, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is New Reality Fund LLC based?
New Reality Fund LLC is based in Hendersonville, North Carolina.
When did New Reality Fund LLC launch?
New Reality Fund LLC reports its first sale in Oct 2025, 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 investment fund
Raised more than 18% of the 246 private investment funds based in North Carolina, and more than 1% of all 10,333 that report sales.