Perseverance RM LLC
Perseverance RM 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 $2,500,000 of interests to 7 investors since its first sale in Apr 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 LLC Perseverance Capital Management; Richard Thoms; LLC Assure Fund Management II.
- Total raised
- $2,500,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Apr 18, 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
- LLC Perseverance Capital Management; Richard Thoms; 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 RM LLC
What is the minimum investment for Perseverance RM LLC?
According to its latest Form D, filed Mar 11, 2020, the minimum investment Perseverance RM LLC accepts from an outside investor is $25,000.
Who can invest in Perseverance RM LLC?
Perseverance RM 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 RM LLC raised?
Perseverance RM LLC reports $2,500,000 sold from 7 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 RM LLC based?
Perseverance RM LLC is based in Los Angeles, California.
When did Perseverance RM LLC launch?
Perseverance RM LLC reports its first sale in Apr 2018.
Size compared with every private investment fund
Raised more than 43% of the 1,711 private investment funds based in California, and more than 23% of all 10,248 that report sales.