Reef III LLC is a private investment fund based in Las Vegas. According to its most recent Form D, filed Mar 4, 2021, it has sold $10,000,000 of interests since its first sale in Jan 2021. 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 Jerron Jutila.
- Total raised
- $10,000,000Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Jan 1, 2021
- 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
- Jerron Jutila
- Latest Form D
- Mar 4, 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 Reef III LLC
What is the minimum investment for Reef III LLC?
According to its latest Form D, filed Mar 4, 2021, the minimum investment Reef III LLC accepts from an outside investor is $1,000,000.
Who can invest in Reef III LLC?
Reef III 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 III LLC raised?
Reef III LLC reports $10,000,000 sold on its Form D filed Mar 4, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Reef III LLC based?
Reef III LLC is based in Las Vegas.
When did Reef III LLC launch?
Reef III LLC reports its first sale in Jan 2021.