Sails-3, LLC is a private investment fund based in New York. According to its most recent Form D, filed Aug 6, 2013, it has sold $43,449,254 of interests to 4 investors since its first sale in Jul 2013. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include Guggenheim Partners Investment Management, LLC; Wilmington Trust, National Association.
- Total raised
- $43,449,254Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Jul 1, 2013
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- Guggenheim Partners Investment Management, LLC; Wilmington Trust, National Association
- Latest Form D
- Aug 6, 2013
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 Sails-3, LLC
What is the minimum investment for Sails-3, LLC?
According to its latest Form D, filed Aug 6, 2013, the minimum investment Sails-3, LLC accepts from an outside investor is $250,000.
Who can invest in Sails-3, LLC?
Sails-3, 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).
How much has Sails-3, LLC raised?
Sails-3, LLC reports $43,449,254 sold from 4 investors on its Form D filed Aug 6, 2013. This is cumulative sales since the offering began, not current assets or performance.
Where is Sails-3, LLC based?
Sails-3, LLC is based in New York.
When did Sails-3, LLC launch?
Sails-3, LLC reports its first sale in Jul 2013.