Second Chance, LLC
Second Chance, LLC is a private investment fund based in San Francisco, California. According to its most recent Form D, filed May 21, 2018, it has sold $5,500,000 of interests to 17 investors since its first sale in May 2017. 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 S. Erickson; Emerald Fund, Inc; Timothy Vrabel.
- Total raised
- $5,500,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- May 3, 2017
- 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
- S. Erickson; Emerald Fund, Inc; Timothy Vrabel
- Latest Form D
- May 21, 2018
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 Second Chance, LLC
What is the minimum investment for Second Chance, LLC?
According to its latest Form D, filed May 21, 2018, the minimum investment Second Chance, LLC accepts from an outside investor is $100,000.
Who can invest in Second Chance, LLC?
Second Chance, 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 Second Chance, LLC raised?
Second Chance, LLC reports $5,500,000 sold from 17 investors on its Form D filed May 21, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Second Chance, LLC based?
Second Chance, LLC is based in San Francisco, California.
When did Second Chance, LLC launch?
Second Chance, LLC reports its first sale in May 2017.
Size compared with every private investment fund
Raised more than 53% of the 1,702 private investment funds based in California, and more than 33% of all 10,212 that report sales.