PIC Alliance Fund, LLC is a real estate fund based in Irmo, South Carolina. According to its most recent Form D, filed Nov 9, 2023, it has sold $3,279,000 of interests to 31 investors since its first sale in Nov 2023. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Dan Hanford; Danny Randazzo.
- Total raised
- $3,279,000Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Nov 6, 2023
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Dan Hanford; Danny Randazzo
- Latest Form D
- Nov 9, 2023
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 PIC Alliance Fund, LLC
What is the minimum investment for PIC Alliance Fund, LLC?
According to its latest Form D, filed Nov 9, 2023, the minimum investment PIC Alliance Fund, LLC accepts from an outside investor is $50,000.
Who can invest in PIC Alliance Fund, LLC?
PIC Alliance Fund, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has PIC Alliance Fund, LLC raised?
PIC Alliance Fund, LLC reports $3,279,000 sold from 31 investors on its Form D filed Nov 9, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is PIC Alliance Fund, LLC based?
PIC Alliance Fund, LLC is based in Irmo, South Carolina.
When did PIC Alliance Fund, LLC launch?
PIC Alliance Fund, LLC reports its first sale in Nov 2023.
Size compared with every real estate fund
Raised more than 59% of the 121 real estate funds based in South Carolina, and more than 57% of all 7,350 that report sales.