Perseverance GDM LLC
Perseverance GDM LLC is a private investment fund based in Los Angeles, California. According to its most recent Form D, filed Mar 11, 2020, it has sold $365,400 of interests to 4 investors since its first sale in Aug 2018. The minimum investment it accepts from an outside investor is $25,000. 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 Richard Thoms; LLC Perseverance Capital Management; LLC Assure Fund Management II.
- Total raised
- $365,400Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Aug 30, 2018
- Minimum investment
- $25,000
- 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
- Richard Thoms; LLC Perseverance Capital Management; LLC Assure Fund Management II
- Latest Form D
- Mar 11, 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 Perseverance GDM LLC
What is the minimum investment for Perseverance GDM LLC?
According to its latest Form D, filed Mar 11, 2020, the minimum investment Perseverance GDM LLC accepts from an outside investor is $25,000.
Who can invest in Perseverance GDM LLC?
Perseverance GDM 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 GDM LLC raised?
Perseverance GDM LLC reports $365,400 sold from 4 investors on its Form D filed Mar 11, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Perseverance GDM LLC based?
Perseverance GDM LLC is based in Los Angeles, California.
When did Perseverance GDM LLC launch?
Perseverance GDM LLC reports its first sale in Aug 2018.
Size compared with every private investment fund
Raised more than 30% of the 1,714 private investment funds based in California, and more than 7% of all 10,255 that report sales.