Sit Fund I, LLC
Sit Fund I, LLC is a private investment fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Jan 7, 2022, it has sold $1,600,000 of interests to 15 investors since its first sale in Dec 2021. The minimum investment it accepts from an outside investor is $30,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Roger Sit; Kent Johnson.
- Total raised
- $1,600,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Dec 15, 2021
- Minimum investment
- $30,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $1 - $5,000,000Self-reported
- Key people and entities
- Roger Sit; Kent Johnson
- Latest Form D
- Jan 7, 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 Sit Fund I, LLC
What is the minimum investment for Sit Fund I, LLC?
According to its latest Form D, filed Jan 7, 2022, the minimum investment Sit Fund I, LLC accepts from an outside investor is $30,000.
Who can invest in Sit Fund I, LLC?
Sit Fund I, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Sit Fund I, LLC raised?
Sit Fund I, LLC reports $1,600,000 sold from 15 investors on its Form D filed Jan 7, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Sit Fund I, LLC based?
Sit Fund I, LLC is based in Minneapolis, Minnesota.
When did Sit Fund I, LLC launch?
Sit Fund I, LLC reports its first sale in Dec 2021.
Size compared with every private investment fund
Raised more than 28% of the 69 private investment funds based in Minnesota, and more than 18% of all 10,266 that report sales.