Quality Standard LLC
Quality Standard LLC is a private investment fund based in Locust Valley. According to its most recent Form D, filed Apr 6, 2023, it has sold $35,000,000 of interests to 34 investors since its first sale in Mar 2023. 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 Kent Weaver; William Thorndike; Khalil Tawil.
- Total raised
- $35,000,000Cumulative sales reported on Form D
- Investors
- 34
- First sale
- Mar 24, 2023
- 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
- Kent Weaver; William Thorndike; Khalil Tawil
- Latest Form D
- Apr 6, 2023
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 Quality Standard LLC
What is the minimum investment for Quality Standard LLC?
Quality Standard LLC's latest Form D, filed Apr 6, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Quality Standard LLC?
Quality Standard 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 Quality Standard LLC raised?
Quality Standard LLC reports $35,000,000 sold from 34 investors on its Form D filed Apr 6, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Quality Standard LLC based?
Quality Standard LLC is based in Locust Valley.
When did Quality Standard LLC launch?
Quality Standard LLC reports its first sale in Mar 2023.