AltMountain

One Tower Ascend Debenture, LLC

West Conshohocken, PA · CIK 1744983
Status: no Form D since Jan 2019. 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.

One Tower Ascend Debenture, LLC is a private equity fund based in West Conshohocken, Pennsylvania. According to its most recent Form D, filed Jan 22, 2019, it has sold $8,053,970 of interests to 41 investors since its first sale in Jan 2019. The minimum investment it accepts from an outside investor is $11,332. 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 Mimi Drake; Adam Landau; Kimberly Crowley.

Total raised
$8,053,970Cumulative sales reported on Form D
Investors
41
First sale
Jan 3, 2019
Minimum investment
$11,332
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
Mimi Drake; Adam Landau; Kimberly Crowley
Latest Form D
Jan 22, 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 One Tower Ascend Debenture, LLC

What is the minimum investment for One Tower Ascend Debenture, LLC?

According to its latest Form D, filed Jan 22, 2019, the minimum investment One Tower Ascend Debenture, LLC accepts from an outside investor is $11,332.

Who can invest in One Tower Ascend Debenture, LLC?

One Tower Ascend Debenture, 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 One Tower Ascend Debenture, LLC raised?

One Tower Ascend Debenture, LLC reports $8,053,970 sold from 41 investors on its Form D filed Jan 22, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is One Tower Ascend Debenture, LLC based?

One Tower Ascend Debenture, LLC is based in West Conshohocken, Pennsylvania.

When did One Tower Ascend Debenture, LLC launch?

One Tower Ascend Debenture, LLC reports its first sale in Jan 2019.

Size compared with every private equity fund

Raised more than 40% of the 261 private equity funds based in Pennsylvania, and more than 40% of all 8,896 that report sales.

More private equity funds in West Conshohocken

Similar-size private equity funds in Pennsylvania

All private equity funds in Pennsylvania