AltMountain

Riversea Fund, LLC

Lewes, TX · CIK 1941329
Status: no Form D since Oct 2022. 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.

Riversea Fund, LLC is a real estate fund based in Lewes, Texas. According to its most recent Form D, filed Oct 18, 2022, it has sold $6,060,000 of interests to 57 investors since its first sale in Oct 2022. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include LLC Reliance Investment Group.

Total raised
$6,060,000Cumulative sales reported on Form D
Investors
57
First sale
Oct 11, 2022
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
LLC Reliance Investment Group
Latest Form D
Oct 18, 2022

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 Riversea Fund, LLC

What is the minimum investment for Riversea Fund, LLC?

According to its latest Form D, filed Oct 18, 2022, the minimum investment Riversea Fund, LLC accepts from an outside investor is $50,000.

Who can invest in Riversea Fund, LLC?

Riversea Fund, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Riversea Fund, LLC raised?

Riversea Fund, LLC reports $6,060,000 sold from 57 investors on its Form D filed Oct 18, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Riversea Fund, LLC based?

Riversea Fund, LLC is based in Lewes, Texas.

When did Riversea Fund, LLC launch?

Riversea Fund, LLC reports its first sale in Oct 2022.

Size compared with every real estate fund

Raised more than 78% of the 1,419 real estate funds based in Texas, and more than 69% of all 7,350 that report sales.

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