Providence Founders Corp, LLC
Providence Founders Corp, LLC is a real estate fund based in Glenview, Illinois. According to its most recent Form D, filed Sep 16, 2019, it has sold $100 of interests to 1 investor since its first sale in Sep 2019. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Providence Management Company, LLC; Alan Pollack; Bruce LaMotte.
- Total raised
- $100Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Sep 1, 2019
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Providence Management Company, LLC; Alan Pollack; Bruce LaMotte
- Latest Form D
- Sep 16, 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 Providence Founders Corp, LLC
What is the minimum investment for Providence Founders Corp, LLC?
Providence Founders Corp, LLC's latest Form D, filed Sep 16, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Providence Founders Corp, LLC?
Providence Founders Corp, 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). It uses Rule 506(b), which does not allow general advertising.
How much has Providence Founders Corp, LLC raised?
Providence Founders Corp, LLC reports $100 sold from 1 investor on its Form D filed Sep 16, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Providence Founders Corp, LLC based?
Providence Founders Corp, LLC is based in Glenview, Illinois.
When did Providence Founders Corp, LLC launch?
Providence Founders Corp, LLC reports its first sale in Sep 2019.
Size compared with every real estate fund
Raised more than 25% of the 479 real estate funds based in Illinois, and more than 0% of all 7,321 that report sales.