Red Hill Prospect Partners is an energy fund based in Hendersonville, Tennessee. According to its most recent Form D, filed Dec 4, 2018, it has sold $986,000 of interests to 39 investors. The minimum investment it accepts from an outside investor is $7,250. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Sladen Spencer; Ronald Filer, Jr; David Allen.
- Total raised
- $986,000Cumulative sales reported on Form D
- Investors
- 39
- First sale
- —
- Minimum investment
- $7,250
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Sladen Spencer; Ronald Filer, Jr; David Allen
- Latest Form D
- Dec 4, 2018
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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Dec 4, 2018 | Form D/A (amendment) | $986,000 | 39 | SEC.gov ↗ |
| Sep 20, 2018 | Form D/A (amendment) | $957,000 | 37 | SEC.gov ↗ |
| Aug 30, 2018 | Form D/A (amendment) | $957,000 | 37 | SEC.gov ↗ |
| Aug 6, 2018 | Form D/A (amendment) | $738,500 | 27 | SEC.gov ↗ |
| Jul 24, 2018 | Form D/A (amendment) | $535,500 | 21 | SEC.gov ↗ |
| Jun 28, 2018 | Form D/A (amendment) | $101,500 | 5 | SEC.gov ↗ |
| Apr 12, 2018 | Form D | $0 | 0 | SEC.gov ↗ |
7 Form D filings in the SEC's electronic records (2008 onward), the earliest on Apr 12, 2018. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about Red Hill Prospect Partners
What is the minimum investment for Red Hill Prospect Partners?
According to its latest Form D, filed Dec 4, 2018, the minimum investment Red Hill Prospect Partners accepts from an outside investor is $7,250.
Who can invest in Red Hill Prospect Partners?
Red Hill 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 Red Hill Prospect Partners raised?
Red Hill Prospect Partners reports $986,000 sold from 39 investors on its Form D filed Dec 4, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Red Hill Prospect Partners based?
Red Hill Prospect Partners is based in Hendersonville, Tennessee.
Size compared with every energy fund
Raised more than 77% of the 13 energy funds based in Tennessee, and more than 39% of all 332 that report sales.