One Tower Magellan, LLC
One Tower Magellan, LLC is a private equity fund based in West Conshohocken, Pennsylvania. According to its most recent Form D, filed Apr 23, 2021, it has sold $1,998,500 of interests to 17 investors since its first sale in Jul 2019. The minimum investment it accepts from an outside investor is $7,500. 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 Kimberly Crowley; Mimi Drake; Adam Landau.
- Total raised
- $1,998,500Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Jul 10, 2019
- Minimum investment
- $7,500
- 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
- Kimberly Crowley; Mimi Drake; Adam Landau
- Latest Form D
- Apr 23, 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 One Tower Magellan, LLC
What is the minimum investment for One Tower Magellan, LLC?
According to its latest Form D, filed Apr 23, 2021, the minimum investment One Tower Magellan, LLC accepts from an outside investor is $7,500.
Who can invest in One Tower Magellan, LLC?
One Tower Magellan, 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 Magellan, LLC raised?
One Tower Magellan, LLC reports $1,998,500 sold from 17 investors on its Form D filed Apr 23, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is One Tower Magellan, LLC based?
One Tower Magellan, LLC is based in West Conshohocken, Pennsylvania.
When did One Tower Magellan, LLC launch?
One Tower Magellan, LLC reports its first sale in Jul 2019.
Size compared with every private equity fund
Raised more than 33% of the 261 private equity funds based in Pennsylvania, and more than 26% of all 8,889 that report sales.