NGC Ontario, LLC is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Jul 27, 2020, it has sold $1,492,650 of interests to 24 investors since its first sale in Jan 2020. 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 North Grove Real Estate Capital, LLC; Dustin Cahan; Michael Crandall.
- Total raised
- $1,492,650Cumulative sales reported on Form D
- Investors
- 24
- First sale
- Jan 23, 2020
- 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
- North Grove Real Estate Capital, LLC; Dustin Cahan; Michael Crandall
- Latest Form D
- Jul 27, 2020
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 Ontario, LLC
What is the minimum investment for NGC Ontario, LLC?
According to its latest Form D, filed Jul 27, 2020, the minimum investment NGC Ontario, LLC accepts from an outside investor is $100,000.
Who can invest in NGC Ontario, LLC?
NGC Ontario, 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 Ontario, LLC raised?
NGC Ontario, LLC reports $1,492,650 sold from 24 investors on its Form D filed Jul 27, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is NGC Ontario, LLC based?
NGC Ontario, LLC is based in Chicago, Illinois.
When did NGC Ontario, LLC launch?
NGC Ontario, LLC reports its first sale in Jan 2020.
Size compared with every private equity fund
Raised more than 49% of the 479 private equity funds based in Illinois, and more than 24% of all 8,918 that report sales.