AltMountain

Ray Prospect Partners

Hendersonville, TN · CIK 1841592
506(c)
Status: no Form D since Mar 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.

Ray Prospect Partners is an energy fund based in Hendersonville, Tennessee. According to its most recent Form D, filed Mar 18, 2021, it has sold $42,000 of interests to 2 investors. The minimum investment it accepts from an outside investor is $7,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Garner Murrell; Sladen Spencer; Ronald Filer.

Total raised
$42,000Cumulative sales reported on Form D
Investors
2
First sale
—
Minimum investment
$7,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Garner Murrell; Sladen Spencer; Ronald Filer
Latest Form D
Mar 18, 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 Ray Prospect Partners

What is the minimum investment for Ray Prospect Partners?

According to its latest Form D, filed Mar 18, 2021, the minimum investment Ray Prospect Partners accepts from an outside investor is $7,000.

Who can invest in Ray Prospect Partners?

Ray Prospect Partners 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 Ray Prospect Partners raised?

Ray Prospect Partners reports $42,000 sold from 2 investors on its Form D filed Mar 18, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Ray Prospect Partners based?

Ray Prospect Partners is based in Hendersonville, Tennessee.

Size compared with every energy fund

Raised more than 31% of the 13 energy funds based in Tennessee, and more than 2% of all 334 that report sales.

Other funds with the same team

Similar-size energy funds in Tennessee

All energy funds in Tennessee