Royce Discovery Fund LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Mar 16, 2010, it has sold $1,106,000 of interests to 2 investors since its first sale in Apr 1998. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include John Diederich; Charles Royce; Jack Fockler, Jr.
- Total raised
- $1,106,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Apr 1, 1998
- Minimum investment
- $500,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Other exemption
- Net asset value range
- $1 - $5,000,000Self-reported
- Key people and entities
- John Diederich; Charles Royce; Jack Fockler, Jr
- Latest Form D
- Mar 16, 2010
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 Royce Discovery Fund LLC
What is the minimum investment for Royce Discovery Fund LLC?
According to its latest Form D, filed Mar 16, 2010, the minimum investment Royce Discovery Fund LLC accepts from an outside investor is $500,000.
Who can invest in Royce Discovery Fund LLC?
Royce Discovery Fund 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).
How much has Royce Discovery Fund LLC raised?
Royce Discovery Fund LLC reports $1,106,000 sold from 2 investors on its Form D filed Mar 16, 2010. This is cumulative sales since the offering began, not current assets or performance.
Where is Royce Discovery Fund LLC based?
Royce Discovery Fund LLC is based in New York, New York.
When did Royce Discovery Fund LLC launch?
Royce Discovery Fund LLC reports its first sale in Apr 1998.
Size compared with every private investment fund
Raised more than 29% of the 2,834 private investment funds based in New York, and more than 15% of all 10,287 that report sales.