OAC Evergreen I LLC is a private investment fund based in Birmingham, Alabama. According to its most recent Form D, filed Jul 6, 2026, it has sold $4,500,000 of interests to 13 investors since its first sale in Jun 2024. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include OACE Management I, LLC; OneAscent Capital, LLC.
- Total raised
- $4,500,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Jun 17, 2024
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- OACE Management I, LLC; OneAscent Capital, LLC
- Latest Form D
- Jul 6, 2026
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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Jul 6, 2026 | Amendment | $4,500,000 | 13 | SEC.gov ↗ |
| Jun 27, 2025 | Amendment | $4,500,000 | 13 | SEC.gov ↗ |
| Jul 1, 2024 | First notice | $4,010,000 | 11 | SEC.gov ↗ |
3 Form D filings in the SEC's electronic records (2008 onward), the earliest on Jul 1, 2024. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about OAC Evergreen I LLC
What is the minimum investment for OAC Evergreen I LLC?
According to its latest Form D, filed Jul 6, 2026, the minimum investment OAC Evergreen I LLC accepts from an outside investor is $500,000.
Who can invest in OAC Evergreen I LLC?
OAC Evergreen I LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has OAC Evergreen I LLC raised?
OAC Evergreen I LLC reports $4,500,000 sold from 13 investors on its Form D filed Jul 6, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is OAC Evergreen I LLC based?
OAC Evergreen I LLC is based in Birmingham, Alabama.
When did OAC Evergreen I LLC launch?
OAC Evergreen I LLC reports its first sale in Jun 2024, 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 33 private investment funds based in Alabama, and more than 30% of all 10,333 that report sales.