Rio Blanco Spectrum QO7 Fund III LLC is a private investment fund based in San Juan, Puerto Rico. According to its most recent Form D, filed Aug 11, 2021, it has sold $7,000,000 of interests to 7 investors since its first sale in Jun 2021. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Olivier Cillien; Gabriel Jimenez-Fernandez.
- Total raised
- $7,000,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Jun 3, 2021
- Minimum investment
- $250,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $5,000,001 - $25,000,000Self-reported
- Key people and entities
- Olivier Cillien; Gabriel Jimenez-Fernandez
- Latest Form D
- Aug 11, 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 Rio Blanco Spectrum QO7 Fund III LLC
What is the minimum investment for Rio Blanco Spectrum QO7 Fund III LLC?
According to its latest Form D, filed Aug 11, 2021, the minimum investment Rio Blanco Spectrum QO7 Fund III LLC accepts from an outside investor is $250,000.
Who can invest in Rio Blanco Spectrum QO7 Fund III LLC?
Rio Blanco Spectrum QO7 Fund III LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Rio Blanco Spectrum QO7 Fund III LLC raised?
Rio Blanco Spectrum QO7 Fund III LLC reports $7,000,000 sold from 7 investors on its Form D filed Aug 11, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Rio Blanco Spectrum QO7 Fund III LLC based?
Rio Blanco Spectrum QO7 Fund III LLC is based in San Juan, Puerto Rico.
When did Rio Blanco Spectrum QO7 Fund III LLC launch?
Rio Blanco Spectrum QO7 Fund III LLC reports its first sale in Jun 2021.
Size compared with every private investment fund
Raised more than 39% of the 62 private investment funds based in Puerto Rico, and more than 36% of all 10,333 that report sales.