AltMountain

Prosperity Equity Fund, LLC

Spring, TX · CIK 1791557
506(c)
Status: no Form D since Oct 2019. 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.

Prosperity Equity Fund, LLC is a real estate fund based in Spring, Texas. According to its most recent Form D, filed Oct 31, 2019, it has sold $369,000 of interests to 1 investor since its first sale in Oct 2019. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Prosperity Equity Management, LLC; William Jordan; Rodger Sawyer.

Total raised
$369,000Cumulative sales reported on Form D
Investors
1
First sale
Oct 10, 2019
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Prosperity Equity Management, LLC; William Jordan; Rodger Sawyer
Latest Form D
Oct 31, 2019

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 Prosperity Equity Fund, LLC

What is the minimum investment for Prosperity Equity Fund, LLC?

According to its latest Form D, filed Oct 31, 2019, the minimum investment Prosperity Equity Fund, LLC accepts from an outside investor is $50,000.

Who can invest in Prosperity Equity Fund, LLC?

Prosperity Equity Fund, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has Prosperity Equity Fund, LLC raised?

Prosperity Equity Fund, LLC reports $369,000 sold from 1 investor on its Form D filed Oct 31, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Prosperity Equity Fund, LLC based?

Prosperity Equity Fund, LLC is based in Spring, Texas.

When did Prosperity Equity Fund, LLC launch?

Prosperity Equity Fund, LLC reports its first sale in Oct 2019.

Size compared with every real estate fund

Raised more than 41% of the 1,419 real estate funds based in Texas, and more than 21% of all 7,348 that report sales.

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