AltMountain

Prime Electric, LLC

Organized in Delaware, United States · Advised by Prime Finance Advisor, L.P. · Private fund ID 805-7951797269
Real estate fund

Prime Electric, LLC is a real estate fund organized in Delaware, United States and advised by Prime Finance Advisor, L.P. Its adviser reported $179,478,493 in gross assets for the fund on Form ADV, filed Mar 30, 2024. It reported 14 beneficial owners. The minimum investment it accepts is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.

Gross assets
$179,478,493As reported on Form ADV
Beneficial owners
14
Minimum investment
$100,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 owners
Fund type
Real estate fund
Domicile
Delaware, United States
Auditor
Novogradac & Company, LLP
Custodian
Wells Fargo Bank, NA
Adviser
Prime Finance Advisor, L.P. · SAN Francisco, CA · CRD 159971
Reported on
Mar 30, 2024Adviser's Form ADV

From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Prime Electric, LLC

What is the minimum investment for Prime Electric, LLC?

According to its adviser's Form ADV filed Mar 30, 2024, the minimum investment Prime Electric, LLC accepts is $100,000.

Who can invest in Prime Electric, LLC?

Prime Electric, 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).

How large is Prime Electric, LLC?

Its adviser reported $179,478,493 in gross assets on Form ADV filed Mar 30, 2024. Gross assets include borrowed money and are not the same as net assets or performance.

Who manages Prime Electric, LLC?

Prime Electric, LLC is advised by Prime Finance Advisor, L.P., based in SAN Francisco, CA.

Who are Prime Electric, LLC's service providers?

Its Form ADV lists Novogradac & Company, LLP as auditor.

Other funds advised by Prime Finance Advisor, L.P.