PC Elfun LLC is a private equity fund based in Evanston, Illinois. According to its most recent Form D, filed Mar 4, 2020, it has sold $8,875,000 of interests to 5 investors since its first sale in Feb 2020. The minimum investment it accepts from an outside investor is $125,000. 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 Daniel Hopkins; Michael Hughes.
- Total raised
- $8,875,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Feb 23, 2020
- Minimum investment
- $125,000
- 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
- Daniel Hopkins; Michael Hughes
- Latest Form D
- Mar 4, 2020
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 PC Elfun LLC
What is the minimum investment for PC Elfun LLC?
According to its latest Form D, filed Mar 4, 2020, the minimum investment PC Elfun LLC accepts from an outside investor is $125,000.
Who can invest in PC Elfun LLC?
PC Elfun 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 PC Elfun LLC raised?
PC Elfun LLC reports $8,875,000 sold from 5 investors on its Form D filed Mar 4, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is PC Elfun LLC based?
PC Elfun LLC is based in Evanston, Illinois.
When did PC Elfun LLC launch?
PC Elfun LLC reports its first sale in Feb 2020.
Size compared with every private equity fund
Raised more than 54% of the 483 private equity funds based in Illinois, and more than 41% of all 8,864 that report sales.