Sapre Fund I, LLC
Sapre Fund I, LLC is a hedge fund based in Ann Arbor, Michigan. According to its most recent Form D, filed Feb 27, 2017, the fund has sold $305,000 of interests to 4 investors since its first sale in Feb 2017. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kishor Sapre.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $305,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Feb 13, 2017
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Kishor Sapre
- Latest Form D
- Feb 27, 2017
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 Sapre Fund I, LLC
What is the minimum investment for Sapre Fund I, LLC?
According to its latest Form D, filed Feb 27, 2017, the minimum investment Sapre Fund I, LLC accepts from an outside investor is $10,000.
Who can invest in Sapre Fund I, LLC?
Sapre Fund I, 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). It uses Rule 506(b), which does not allow general advertising.
How much has Sapre Fund I, LLC raised?
Sapre Fund I, LLC reports $305,000 sold from 4 investors on its Form D filed Feb 27, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Sapre Fund I, LLC based?
Sapre Fund I, LLC is based in Ann Arbor, Michigan.
When did Sapre Fund I, LLC launch?
Sapre Fund I, LLC reports its first sale in Feb 2017.
Size compared with every hedge fund
Raised more than 39% of the 28 hedge funds based in Michigan, and more than 2% of all 10,134 that report sales.