SandPointe Fund, LLC
SandPointe Fund, LLC is a hedge fund based in West Palm Beach, Florida. According to its most recent Form D, filed Oct 8, 2015, the fund has sold $26,215,521 of interests to 6 investors since its first sale in Sep 2014. The minimum investment it accepts from an outside investor is $3,000,000. 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 Robert Robinson; SandPointe, LLC; Dennis Hammond.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $26,215,521Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Sep 1, 2014
- Minimum investment
- $3,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Robert Robinson; SandPointe, LLC; Dennis Hammond
- Latest Form D
- Oct 8, 2015
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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about SandPointe Fund, LLC
What is the minimum investment for SandPointe Fund, LLC?
According to its latest Form D, filed Oct 8, 2015, the minimum investment SandPointe Fund, LLC accepts from an outside investor is $3,000,000.
Who can invest in SandPointe Fund, LLC?
SandPointe Fund, 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 SandPointe Fund, LLC raised?
SandPointe Fund, LLC reports $26,215,521 sold from 6 investors on its Form D filed Oct 8, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is SandPointe Fund, LLC based?
SandPointe Fund, LLC is based in West Palm Beach, Florida.
When did SandPointe Fund, LLC launch?
SandPointe Fund, LLC reports its first sale in Sep 2014.
Size compared with every hedge fund
Raised more than 61% of the 743 hedge funds based in Florida, and more than 35% of all 10,128 that report sales.