Preferred Growth LLC is a private investment fund based in Chicago, Illinois. According to its most recent Form D, filed Apr 17, 2020, it has sold $2,728,207 of interests to 23 investors since its first sale in Apr 2020. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kenneth Statz; Anthony Manno, Jr; Robert Culver.
- Total raised
- $2,728,207Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Apr 3, 2020
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Kenneth Statz; Anthony Manno, Jr; Robert Culver
- Latest Form D
- Apr 17, 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 Preferred Growth LLC
What is the minimum investment for Preferred Growth LLC?
Preferred Growth LLC's latest Form D, filed Apr 17, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Preferred Growth LLC?
Preferred Growth LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Preferred Growth LLC raised?
Preferred Growth LLC reports $2,728,207 sold from 23 investors on its Form D filed Apr 17, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Preferred Growth LLC based?
Preferred Growth LLC is based in Chicago, Illinois.
When did Preferred Growth LLC launch?
Preferred Growth LLC reports its first sale in Apr 2020.
Size compared with every private investment fund
Raised more than 31% of the 552 private investment funds based in Illinois, and more than 24% of all 10,212 that report sales.