Phoenix Portfolio LLC
Phoenix Portfolio LLC is a real estate fund based in Garden City, Idaho. According to its most recent Form D, filed Apr 5, 2022, it has sold $2,020,000 of interests to 50 investors since its first sale in Mar 2022. The filing does not set a minimum investment. 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 Sujata Shyam; Mary Nguyen; Tait Duryea.
- Total raised
- $2,020,000Cumulative sales reported on Form D
- Investors
- 50
- First sale
- Mar 23, 2022
- Minimum investment
- None set
- 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
- Sujata Shyam; Mary Nguyen; Tait Duryea
- Latest Form D
- Apr 5, 2022
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 Phoenix Portfolio LLC
What is the minimum investment for Phoenix Portfolio LLC?
Phoenix Portfolio LLC's latest Form D, filed Apr 5, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Phoenix Portfolio LLC?
Phoenix Portfolio 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 Phoenix Portfolio LLC raised?
Phoenix Portfolio LLC reports $2,020,000 sold from 50 investors on its Form D filed Apr 5, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Phoenix Portfolio LLC based?
Phoenix Portfolio LLC is based in Garden City, Idaho.
When did Phoenix Portfolio LLC launch?
Phoenix Portfolio LLC reports its first sale in Mar 2022.
Size compared with every real estate fund
Raised more than 72% of the 80 real estate funds based in Idaho, and more than 46% of all 7,349 that report sales.