AltMountain

NGC Naperville, LLC

Chicago, IL · CIK 1843483 · Sponsor: NGREC Manager, LLC
Status: no Form D since Mar 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

NGC Naperville, LLC is a private investment fund based in Chicago, Illinois. According to its most recent Form D, filed Mar 2, 2021, it has sold $2,489,500 of interests to 24 investors since its first sale in Feb 2021. 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 Dustin Cahan; Michael Crandall; North Grove Real Estate Capital, LLC.

Total raised
$2,489,500Cumulative sales reported on Form D
Investors
24
First sale
Feb 19, 2021
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
Dustin Cahan; Michael Crandall; North Grove Real Estate Capital, LLC
Latest Form D
Mar 2, 2021

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 NGC Naperville, LLC

What is the minimum investment for NGC Naperville, LLC?

According to its latest Form D, filed Mar 2, 2021, the minimum investment NGC Naperville, LLC accepts from an outside investor is $100,000.

Who can invest in NGC Naperville, LLC?

NGC Naperville, 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 NGC Naperville, LLC raised?

NGC Naperville, LLC reports $2,489,500 sold from 24 investors on its Form D filed Mar 2, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is NGC Naperville, LLC based?

NGC Naperville, LLC is based in Chicago, Illinois.

When did NGC Naperville, LLC launch?

NGC Naperville, LLC reports its first sale in Feb 2021.

Size compared with every private investment fund

Raised more than 30% of the 553 private investment funds based in Illinois, and more than 23% of all 10,266 that report sales.

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