AltMountain

OP Discovery, LLC

Truckee, CA · CIK 1930843
Status: no Form D since Jul 2022. 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.

OP Discovery, LLC is a real estate fund based in Truckee. According to its most recent Form D, filed Jul 6, 2022, it has sold $36,016,070 of interests to 219 investors since its first sale in Jun 2022. 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 Mike Swilling; Peter Slaugh.

Total raised
$36,016,070Cumulative sales reported on Form D
Investors
219
First sale
Jun 22, 2022
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
Mike Swilling; Peter Slaugh
Latest Form D
Jul 6, 2022

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 OP Discovery, LLC

What is the minimum investment for OP Discovery, LLC?

According to its latest Form D, filed Jul 6, 2022, the minimum investment OP Discovery, LLC accepts from an outside investor is $100,000.

Who can invest in OP Discovery, LLC?

OP Discovery, 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 OP Discovery, LLC raised?

OP Discovery, LLC reports $36,016,070 sold from 219 investors on its Form D filed Jul 6, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is OP Discovery, LLC based?

OP Discovery, LLC is based in Truckee.

When did OP Discovery, LLC launch?

OP Discovery, LLC reports its first sale in Jun 2022.

Size compared with every real estate fund

Raised more than 92% of the 1,087 real estate funds based in , and more than 92% of all 7,322 that report sales.

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