SalCap LLC
SalCap LLC is a private equity fund based in Dorado, Puerto Rico. According to its most recent Form D, filed Apr 19, 2021, it has sold $9,225,000 of interests to 25 investors since its first sale in Oct 2020. 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(b), which does not permit general solicitation. Related persons named in the filing include SalCap Management LLC; Leon Wagner; SalCap Advisors LLC.
- Total raised
- $9,225,000Cumulative sales reported on Form D
- Investors
- 25
- First sale
- Oct 13, 2020
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- SalCap Management LLC; Leon Wagner; SalCap Advisors LLC
- Latest Form D
- Apr 19, 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 SalCap LLC
What is the minimum investment for SalCap LLC?
According to its latest Form D, filed Apr 19, 2021, the minimum investment SalCap LLC accepts from an outside investor is $1,000,000.
Who can invest in SalCap LLC?
SalCap 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(b), which does not allow general advertising.
How much has SalCap LLC raised?
SalCap LLC reports $9,225,000 sold from 25 investors on its Form D filed Apr 19, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is SalCap LLC based?
SalCap LLC is based in Dorado, Puerto Rico.
When did SalCap LLC launch?
SalCap LLC reports its first sale in Oct 2020.
Size compared with every private equity fund
Raised more than 64% of the 162 private equity funds based in Puerto Rico, and more than 41% of all 8,842 that report sales.