Perseverance Echo LLC
Perseverance Echo LLC is a private investment fund based in Salt Lake City. According to its most recent Form D, filed Nov 25, 2019, it has sold $1,000,000 of interests to 3 investors since its first sale in Nov 2019. The minimum investment it accepts from an outside investor is $5,000. 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 LLC Assure Fund Management II; Jeremy Neilson; Richard Thoms.
- Total raised
- $1,000,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Nov 21, 2019
- Minimum investment
- $5,000
- 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
- LLC Assure Fund Management II; Jeremy Neilson; Richard Thoms
- Latest Form D
- Nov 25, 2019
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 Perseverance Echo LLC
What is the minimum investment for Perseverance Echo LLC?
According to its latest Form D, filed Nov 25, 2019, the minimum investment Perseverance Echo LLC accepts from an outside investor is $5,000.
Who can invest in Perseverance Echo LLC?
Perseverance Echo 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 Perseverance Echo LLC raised?
Perseverance Echo LLC reports $1,000,000 sold from 3 investors on its Form D filed Nov 25, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Perseverance Echo LLC based?
Perseverance Echo LLC is based in Salt Lake City.
When did Perseverance Echo LLC launch?
Perseverance Echo LLC reports its first sale in Nov 2019.