Platform 161, LP is a real estate fund based in Austin, Texas. According to its most recent Form D, filed Feb 14, 2022, it has sold $6,900,000 of interests to 39 investors since its first sale in Dec 2021. The minimum investment it accepts from an outside investor is $35,000. 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 Justin Day; Platform 161 GP, LLC.
- Total raised
- $6,900,000Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Dec 23, 2021
- Minimum investment
- $35,000
- 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
- Justin Day; Platform 161 GP, LLC
- Latest Form D
- Feb 14, 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 Platform 161, LP
What is the minimum investment for Platform 161, LP?
According to its latest Form D, filed Feb 14, 2022, the minimum investment Platform 161, LP accepts from an outside investor is $35,000.
Who can invest in Platform 161, LP?
Platform 161, LP 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 Platform 161, LP raised?
Platform 161, LP reports $6,900,000 sold from 39 investors on its Form D filed Feb 14, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Platform 161, LP based?
Platform 161, LP is based in Austin, Texas.
When did Platform 161, LP launch?
Platform 161, LP reports its first sale in Dec 2021.
Size compared with every real estate fund
Raised more than 80% of the 1,416 real estate funds based in Texas, and more than 72% of all 7,311 that report sales.