Next Decade LLC
Next Decade LLC is an energy fund based in The Woodlands, Texas. According to its most recent Form D, filed Jun 30, 2015, it has sold $85,000,000 of interests to 10 investors since its first sale in Jun 2015. The filing does not set a minimum investment. 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 Kathleen Eisbrenner; James McGinnis, Jr; David Magid.
- Total raised
- $85,000,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Jun 15, 2015
- Minimum investment
- None set
- 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
- Kathleen Eisbrenner; James McGinnis, Jr; David Magid
- Latest Form D
- Jun 30, 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 Next Decade LLC
What is the minimum investment for Next Decade LLC?
Next Decade LLC's latest Form D, filed Jun 30, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Next Decade LLC?
Next Decade 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 Next Decade LLC raised?
Next Decade LLC reports $85,000,000 sold from 10 investors on its Form D filed Jun 30, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Next Decade LLC based?
Next Decade LLC is based in The Woodlands, Texas.
When did Next Decade LLC launch?
Next Decade LLC reports its first sale in Jun 2015.
Size compared with every energy fund
Raised more than 97% of the 349 energy funds based in Texas, and more than 92% of all 333 that report sales.