AltMountain

Sit Energy Return Plus Fund, LLC

Minneapolis, MN · CIK 1779607
Status: no Form D since Jun 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.

Sit Energy Return Plus Fund, LLC is a private investment fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Jun 18, 2019, it has sold $2,010,000 of interests to 1 investor since its first sale in Jun 2019. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Mark Book; Bryce Doty; Roger Sit.

Total raised
$2,010,000Cumulative sales reported on Form D
Investors
1
First sale
Jun 12, 2019
Minimum investment
$1,000,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Net asset value range
Over $100,000,000Self-reported
Key people and entities
Mark Book; Bryce Doty; Roger Sit
Latest Form D
Jun 18, 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. 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 Sit Energy Return Plus Fund, LLC

What is the minimum investment for Sit Energy Return Plus Fund, LLC?

According to its latest Form D, filed Jun 18, 2019, the minimum investment Sit Energy Return Plus Fund, LLC accepts from an outside investor is $1,000,000.

Who can invest in Sit Energy Return Plus Fund, LLC?

Sit Energy Return Plus Fund, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Sit Energy Return Plus Fund, LLC raised?

Sit Energy Return Plus Fund, LLC reports $2,010,000 sold from 1 investor on its Form D filed Jun 18, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Sit Energy Return Plus Fund, LLC based?

Sit Energy Return Plus Fund, LLC is based in Minneapolis, Minnesota.

When did Sit Energy Return Plus Fund, LLC launch?

Sit Energy Return Plus Fund, LLC reports its first sale in Jun 2019.

Size compared with every private investment fund

Raised more than 30% of the 69 private investment funds based in Minnesota, and more than 21% of all 10,255 that report sales.

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