SIB Blocker 2, LLC
SIB Blocker 2, LLC is a private equity fund based in Bloomfield Hills, Michigan. According to its most recent Form D, filed Oct 12, 2022, it has sold $12,001,450 of interests to 1 investor since its first sale in Sep 2022. 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 Patrick Corden.
- Total raised
- $12,001,450Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Sep 30, 2022
- 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
- Patrick Corden
- Latest Form D
- Oct 12, 2022
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 SIB Blocker 2, LLC
What is the minimum investment for SIB Blocker 2, LLC?
SIB Blocker 2, LLC's latest Form D, filed Oct 12, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SIB Blocker 2, LLC?
SIB Blocker 2, 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 SIB Blocker 2, LLC raised?
SIB Blocker 2, LLC reports $12,001,450 sold from 1 investor on its Form D filed Oct 12, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is SIB Blocker 2, LLC based?
SIB Blocker 2, LLC is based in Bloomfield Hills, Michigan.
When did SIB Blocker 2, LLC launch?
SIB Blocker 2, LLC reports its first sale in Sep 2022.
Size compared with every private equity fund
Raised more than 68% of the 87 private equity funds based in Michigan, and more than 45% of all 8,888 that report sales.