SCM Placement Fund, LLC
SCM Placement Fund, LLC is a real estate fund based in Peachtree City, Georgia. According to its most recent Form D, filed Dec 5, 2013, it has sold $1,628,000 of interests to 1 investor since its first sale in Nov 2013. The minimum investment it accepts from an outside investor is $5,000. 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 Winfred Smith; Jorg Weissflog.
- Total raised
- $1,628,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Nov 13, 2013
- Minimum investment
- $5,000
- 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
- Winfred Smith; Jorg Weissflog
- Latest Form D
- Dec 5, 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 SCM Placement Fund, LLC
What is the minimum investment for SCM Placement Fund, LLC?
According to its latest Form D, filed Dec 5, 2013, the minimum investment SCM Placement Fund, LLC accepts from an outside investor is $5,000.
Who can invest in SCM Placement Fund, LLC?
SCM Placement Fund, 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 SCM Placement Fund, LLC raised?
SCM Placement Fund, LLC reports $1,628,000 sold from 1 investor on its Form D filed Dec 5, 2013. This is cumulative sales since the offering began, not current assets or performance.
Where is SCM Placement Fund, LLC based?
SCM Placement Fund, LLC is based in Peachtree City, Georgia.
When did SCM Placement Fund, LLC launch?
SCM Placement Fund, LLC reports its first sale in Nov 2013.
Size compared with every real estate fund
Raised more than 65% of the 493 real estate funds based in Georgia, and more than 42% of all 7,316 that report sales.