Reef Capital Management, LLC is a private investment fund based in Los Angeles, California. According to its most recent Form D, filed Feb 5, 2014, it has sold $3,500,000 of interests to 14 investors since its first sale in Feb 2014. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include David Wang.
- Total raised
- $3,500,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Feb 4, 2014
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Net asset value range
- $5,000,001 - $25,000,000Self-reported
- Key people and entities
- David Wang
- Latest Form D
- Feb 5, 2014
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 Reef Capital Management, LLC
What is the minimum investment for Reef Capital Management, LLC?
According to its latest Form D, filed Feb 5, 2014, the minimum investment Reef Capital Management, LLC accepts from an outside investor is $1,000,000.
Who can invest in Reef Capital Management, LLC?
Reef Capital Management, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Reef Capital Management, LLC raised?
Reef Capital Management, LLC reports $3,500,000 sold from 14 investors on its Form D filed Feb 5, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Reef Capital Management, LLC based?
Reef Capital Management, LLC is based in Los Angeles, California.
When did Reef Capital Management, LLC launch?
Reef Capital Management, LLC reports its first sale in Feb 2014.
Size compared with every private investment fund
Raised more than 48% of the 1,720 private investment funds based in California, and more than 27% of all 10,311 that report sales.