SCP Tbi LLC
SCP Tbi LLC is a private equity fund based in Birmingham, Michigan. According to its most recent Form D, filed Nov 21, 2016, it has sold $1,600,000 of interests to 16 investors since its first sale in Sep 2016. The filing does not set a minimum investment. 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 Steven LaBarre; Michael Bergeron; Robert Galletly.
- Total raised
- $1,600,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Sep 28, 2016
- Minimum investment
- None set
- 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
- Steven LaBarre; Michael Bergeron; Robert Galletly
- Latest Form D
- Nov 21, 2016
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 SCP Tbi LLC
What is the minimum investment for SCP Tbi LLC?
SCP Tbi LLC's latest Form D, filed Nov 21, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SCP Tbi LLC?
SCP Tbi 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 SCP Tbi LLC raised?
SCP Tbi LLC reports $1,600,000 sold from 16 investors on its Form D filed Nov 21, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is SCP Tbi LLC based?
SCP Tbi LLC is based in Birmingham, Michigan.
When did SCP Tbi LLC launch?
SCP Tbi LLC reports its first sale in Sep 2016.
Size compared with every private equity fund
Raised more than 45% of the 87 private equity funds based in Michigan, and more than 24% of all 8,896 that report sales.