AltMountain

PWPB Venture LLC

Chicago, IL · CIK 1863695
506(c)
Status: no Form D since Jun 2021. 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.

PWPB Venture LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Jun 1, 2021, it has sold $11,400,000 of interests to 67 investors since its first sale in May 2021. The filing does not set a minimum investment. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Douglas Lyons.

Total raised
$11,400,000Cumulative sales reported on Form D
Investors
67
First sale
May 14, 2021
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Douglas Lyons
Latest Form D
Jun 1, 2021

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 PWPB Venture LLC

What is the minimum investment for PWPB Venture LLC?

PWPB Venture LLC's latest Form D, filed Jun 1, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in PWPB Venture LLC?

PWPB Venture 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 PWPB Venture LLC raised?

PWPB Venture LLC reports $11,400,000 sold from 67 investors on its Form D filed Jun 1, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is PWPB Venture LLC based?

PWPB Venture LLC is based in Chicago, Illinois.

When did PWPB Venture LLC launch?

PWPB Venture LLC reports its first sale in May 2021.

Size compared with every real estate fund

Raised more than 81% of the 480 real estate funds based in Illinois, and more than 81% of all 7,311 that report sales.

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