Profusion Laclede Condos, LLC is a private investment fund based in St. Louis, Missouri. According to its most recent Form D, filed May 5, 2017, it has sold $950,000 of interests to 11 investors since its first sale in Dec 2016. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Derrick Frost.
- Total raised
- $950,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Dec 15, 2016
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $1 - $5,000,000Self-reported
- Key people and entities
- Derrick Frost
- Latest Form D
- May 5, 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 Profusion Laclede Condos, LLC
What is the minimum investment for Profusion Laclede Condos, LLC?
According to its latest Form D, filed May 5, 2017, the minimum investment Profusion Laclede Condos, LLC accepts from an outside investor is $25,000.
Who can invest in Profusion Laclede Condos, LLC?
Profusion Laclede Condos, 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 Profusion Laclede Condos, LLC raised?
Profusion Laclede Condos, LLC reports $950,000 sold from 11 investors on its Form D filed May 5, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Profusion Laclede Condos, LLC based?
Profusion Laclede Condos, LLC is based in St. Louis, Missouri.
When did Profusion Laclede Condos, LLC launch?
Profusion Laclede Condos, LLC reports its first sale in Dec 2016.
Size compared with every private investment fund
Raised more than 41% of the 34 private investment funds based in Missouri, and more than 13% of all 10,270 that report sales.