Sat Eng, LLC
Sat Eng, LLC is a private equity fund based in San Antonio, Texas. According to its most recent Form D, filed Aug 9, 2023, it has sold $4,933,333 of interests to 4 investors since its first sale in Aug 2023. The minimum investment it accepts from an outside investor is $100,000. 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 Richard Thum.
- Total raised
- $4,933,333Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Aug 1, 2023
- Minimum investment
- $100,000
- 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
- Richard Thum
- Latest Form D
- Aug 9, 2023
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 Sat Eng, LLC
What is the minimum investment for Sat Eng, LLC?
According to its latest Form D, filed Aug 9, 2023, the minimum investment Sat Eng, LLC accepts from an outside investor is $100,000.
Who can invest in Sat Eng, LLC?
Sat Eng, 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 Sat Eng, LLC raised?
Sat Eng, LLC reports $4,933,333 sold from 4 investors on its Form D filed Aug 9, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Sat Eng, LLC based?
Sat Eng, LLC is based in San Antonio, Texas.
When did Sat Eng, LLC launch?
Sat Eng, LLC reports its first sale in Aug 2023.
Size compared with every private equity fund
Raised more than 61% of the 1,406 private equity funds based in Texas, and more than 34% of all 8,896 that report sales.