Palm Trace Fund, LLC is a real estate fund based in Plano, Texas. According to its most recent Form D, filed Jul 5, 2018, it has sold $2,000,000 of interests to 17 investors since its first sale in Jun 2018. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Veena Jetti; Puja Talati; Sapan Talati.
- Total raised
- $2,000,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Jun 14, 2018
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Veena Jetti; Puja Talati; Sapan Talati
- Latest Form D
- Jul 5, 2018
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 Palm Trace Fund, LLC
What is the minimum investment for Palm Trace Fund, LLC?
According to its latest Form D, filed Jul 5, 2018, the minimum investment Palm Trace Fund, LLC accepts from an outside investor is $25,000.
Who can invest in Palm Trace Fund, LLC?
Palm Trace Fund, 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 Palm Trace Fund, LLC raised?
Palm Trace Fund, LLC reports $2,000,000 sold from 17 investors on its Form D filed Jul 5, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Palm Trace Fund, LLC based?
Palm Trace Fund, LLC is based in Plano, Texas.
When did Palm Trace Fund, LLC launch?
Palm Trace Fund, LLC reports its first sale in Jun 2018.
Size compared with every real estate fund
Raised more than 59% of the 1,416 real estate funds based in Texas, and more than 45% of all 7,311 that report sales.