AltMountain

Prep Investor LLC

Los Angeles, CA · CIK 1715874
Status: no Form D since Sep 2017. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Prep Investor LLC is a real estate fund based in Los Angeles, California. According to its most recent Form D, filed Sep 12, 2017, it has sold $6,591,447 of interests to 15 investors since its first sale in Aug 2017. The minimum investment it accepts from an outside investor is $250,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Brian Albert; P. Yadegar; See Clarification See Clarification.

Total raised
$6,591,447Cumulative sales reported on Form D
Investors
15
First sale
Aug 10, 2017
Minimum investment
$250,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Brian Albert; P. Yadegar; See Clarification See Clarification
Latest Form D
Sep 12, 2017

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 Prep Investor LLC

What is the minimum investment for Prep Investor LLC?

According to its latest Form D, filed Sep 12, 2017, the minimum investment Prep Investor LLC accepts from an outside investor is $250,000.

Who can invest in Prep Investor LLC?

Prep Investor LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Prep Investor LLC raised?

Prep Investor LLC reports $6,591,447 sold from 15 investors on its Form D filed Sep 12, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Prep Investor LLC based?

Prep Investor LLC is based in Los Angeles, California.

When did Prep Investor LLC launch?

Prep Investor LLC reports its first sale in Aug 2017.

Size compared with every real estate fund

Raised more than 76% of the 1,089 real estate funds based in California, and more than 71% of all 7,316 that report sales.

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