AltMountain

Security Analysis Fund LLC

Minnetonka, MN · CIK 1686751
Status: no Form D since Oct 2019. 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.

Security Analysis Fund LLC is a hedge fund based in Minnetonka, Minnesota. According to its most recent Form D, filed Oct 16, 2019, the fund has sold $1,795,341 of interests to 3 investors since its first sale in Jul 2014. The minimum investment it accepts from an outside investor is $250,000. 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 Nathan Elliott.

Performance

No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.

Is this your fund? Report your monthly returns · How performance works

Total raised
$1,795,341Cumulative sales reported on Form D
Investors
3
First sale
Jul 29, 2014
Minimum investment
$250,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Net asset value range
$1 - $5,000,000Self-reported
Key people and entities
Nathan Elliott
Latest Form D
Oct 16, 2019

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 Security Analysis Fund LLC

What is the minimum investment for Security Analysis Fund LLC?

According to its latest Form D, filed Oct 16, 2019, the minimum investment Security Analysis Fund LLC accepts from an outside investor is $250,000.

Who can invest in Security Analysis Fund LLC?

Security Analysis 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 Security Analysis Fund LLC raised?

Security Analysis Fund LLC reports $1,795,341 sold from 3 investors on its Form D filed Oct 16, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Security Analysis Fund LLC based?

Security Analysis Fund LLC is based in Minnetonka, Minnesota.

When did Security Analysis Fund LLC launch?

Security Analysis Fund LLC reports its first sale in Jul 2014.

Size compared with every hedge fund

Raised more than 11% of the 70 hedge funds based in Minnesota, and more than 8% of all 10,118 that report sales.

More hedge funds in Minnetonka

Similar-size hedge funds in Minnesota

All hedge funds in Minnesota