AltMountain

SecondMarket Dropship Fund, LLC

New York, NY · CIK 1569484
Status: no Form D since Mar 2013. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

SecondMarket Dropship Fund, LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Mar 15, 2013, the fund has sold $154,200 of interests to 23 investors since its first sale in Mar 2013. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include William Siegel; Jeremy Smith.

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
$154,200Cumulative sales reported on Form D
Investors
23
First sale
Mar 13, 2013
Minimum investment
$1,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Other exemption
Key people and entities
William Siegel; Jeremy Smith
Latest Form D
Mar 15, 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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about SecondMarket Dropship Fund, LLC

What is the minimum investment for SecondMarket Dropship Fund, LLC?

According to its latest Form D, filed Mar 15, 2013, the minimum investment SecondMarket Dropship Fund, LLC accepts from an outside investor is $1,000.

Who can invest in SecondMarket Dropship Fund, LLC?

SecondMarket Dropship 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).

How much has SecondMarket Dropship Fund, LLC raised?

SecondMarket Dropship Fund, LLC reports $154,200 sold from 23 investors on its Form D filed Mar 15, 2013. This is cumulative sales since the offering began, not current assets or performance.

Where is SecondMarket Dropship Fund, LLC based?

SecondMarket Dropship Fund, LLC is based in New York, New York.

When did SecondMarket Dropship Fund, LLC launch?

SecondMarket Dropship Fund, LLC reports its first sale in Mar 2013.

Size compared with every hedge fund

Raised more than 9% of the 2,528 hedge funds based in New York, and more than 1% of all 10,144 that report sales.

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