Prosper Associates LLC
Prosper Associates LLC is a hedge fund based in Birmingham, Michigan. According to its most recent Form D, filed Jan 22, 2015, the fund has sold $9,582,428 of interests to 23 investors since its first sale in Jun 2001. The minimum investment it accepts from an outside investor is $150,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include Gerald Seizert.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $9,582,428Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Jun 1, 2001
- Minimum investment
- $150,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Other exemption
- Key people and entities
- Gerald Seizert
- Latest Form D
- Jan 22, 2015
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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Prosper Associates LLC
What is the minimum investment for Prosper Associates LLC?
According to its latest Form D, filed Jan 22, 2015, the minimum investment Prosper Associates LLC accepts from an outside investor is $150,000.
Who can invest in Prosper Associates LLC?
Prosper Associates 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 much has Prosper Associates LLC raised?
Prosper Associates LLC reports $9,582,428 sold from 23 investors on its Form D filed Jan 22, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Prosper Associates LLC based?
Prosper Associates LLC is based in Birmingham, Michigan.
When did Prosper Associates LLC launch?
Prosper Associates LLC reports its first sale in Jun 2001.
Size compared with every hedge fund
Raised more than 82% of the 28 hedge funds based in Michigan, and more than 20% of all 10,128 that report sales.