NGC Ntp, LLC is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Dec 19, 2019, it has sold $2,200,000 of interests to 35 investors since its first sale in Oct 2019. The minimum investment it accepts from an outside investor is $25,000. 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 Michael Crandall; NGREC Manager, LLC; North Grove Real Estate Capital, LLC.
- Total raised
- $2,200,000Cumulative sales reported on Form D
- Investors
- 35
- First sale
- Oct 17, 2019
- Minimum investment
- $25,000
- 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
- Michael Crandall; NGREC Manager, LLC; North Grove Real Estate Capital, LLC
- Latest Form D
- Dec 19, 2019
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 Ntp, LLC
What is the minimum investment for NGC Ntp, LLC?
According to its latest Form D, filed Dec 19, 2019, the minimum investment NGC Ntp, LLC accepts from an outside investor is $25,000.
Who can invest in NGC Ntp, LLC?
NGC Ntp, 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 Ntp, LLC raised?
NGC Ntp, LLC reports $2,200,000 sold from 35 investors on its Form D filed Dec 19, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is NGC Ntp, LLC based?
NGC Ntp, LLC is based in Chicago, Illinois.
When did NGC Ntp, LLC launch?
NGC Ntp, LLC reports its first sale in Oct 2019.
Size compared with every private equity fund
Raised more than 50% of the 482 private equity funds based in Illinois, and more than 27% of all 8,889 that report sales.