Sim Rock Funding LLC is a real estate fund based in San Juan, Puerto Rico. According to its most recent Form D, filed Mar 11, 2026, it has sold $20,500,000 of interests to 14 investors since its first sale in Dec 2022. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Michael Schoenfeld; David Weibel.
- Total raised
- $20,500,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Dec 9, 2022
- 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
- Key people and entities
- Michael Schoenfeld; David Weibel
- Latest Form D
- Mar 11, 2026
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 Sim Rock Funding LLC
What is the minimum investment for Sim Rock Funding LLC?
According to its latest Form D, filed Mar 11, 2026, the minimum investment Sim Rock Funding LLC accepts from an outside investor is $250,000.
Who can invest in Sim Rock Funding LLC?
Sim Rock Funding 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 Sim Rock Funding LLC raised?
Sim Rock Funding LLC reports $20,500,000 sold from 14 investors on its Form D filed Mar 11, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Sim Rock Funding LLC based?
Sim Rock Funding LLC is based in San Juan, Puerto Rico.
When did Sim Rock Funding LLC launch?
Sim Rock Funding LLC reports its first sale in Dec 2022, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 88% of the 8 real estate funds based in Puerto Rico, and more than 87% of all 7,348 that report sales.