Ray Fund 551 LLC is a private investment fund based in Irvine, California. According to its most recent Form D, filed Oct 17, 2022, it has sold $100,000 of interests to 2 investors since its first sale in Aug 2022. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Rui Chen.
- Total raised
- $100,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Aug 3, 2022
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Rui Chen
- Latest Form D
- Oct 17, 2022
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 Ray Fund 551 LLC
What is the minimum investment for Ray Fund 551 LLC?
Ray Fund 551 LLC's latest Form D, filed Oct 17, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Ray Fund 551 LLC?
Ray Fund 551 LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Ray Fund 551 LLC raised?
Ray Fund 551 LLC reports $100,000 sold from 2 investors on its Form D filed Oct 17, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Ray Fund 551 LLC based?
Ray Fund 551 LLC is based in Irvine, California.
When did Ray Fund 551 LLC launch?
Ray Fund 551 LLC reports its first sale in Aug 2022.
Size compared with every private investment fund
Raised more than 27% of the 1,717 private investment funds based in California, and more than 2% of all 10,287 that report sales.