Ottawa Clover, LLC is a real estate fund based in West Fargo, North Dakota. According to its most recent Form D, filed Nov 8, 2024, it has sold $2,601,979 of interests to 10 investors since its first sale in Oct 2024. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Benjamin Meland; Enclave EP Manager, LLC; Austin Morris.
- Total raised
- $2,601,979Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Oct 31, 2024
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Benjamin Meland; Enclave EP Manager, LLC; Austin Morris
- Latest Form D
- Nov 8, 2024
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 Ottawa Clover, LLC
What is the minimum investment for Ottawa Clover, LLC?
Ottawa Clover, LLC's latest Form D, filed Nov 8, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Ottawa Clover, LLC?
Ottawa Clover, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Ottawa Clover, LLC raised?
Ottawa Clover, LLC reports $2,601,979 sold from 10 investors on its Form D filed Nov 8, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Ottawa Clover, LLC based?
Ottawa Clover, LLC is based in West Fargo, North Dakota.
When did Ottawa Clover, LLC launch?
Ottawa Clover, LLC reports its first sale in Oct 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 real estate fund
Raised more than 58% of the 26 real estate funds based in North Dakota, and more than 51% of all 7,350 that report sales.