SL Fund 1 LLC
SL Fund 1 LLC is a private investment fund based in Stowe, Vermont. According to its most recent Form D, filed Mar 11, 2021, it has sold $20,225,000 of interests to 42 investors since its first sale in Feb 2021. The minimum investment it accepts from an outside investor is $50,000. 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 Olivier Garret; Joseph Anthony; Guillermo Jasson.
- Total raised
- $20,225,000Cumulative sales reported on Form D
- Investors
- 42
- First sale
- Feb 26, 2021
- Minimum investment
- $50,000
- 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
- Olivier Garret; Joseph Anthony; Guillermo Jasson
- Latest Form D
- Mar 11, 2021
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 SL Fund 1 LLC
What is the minimum investment for SL Fund 1 LLC?
According to its latest Form D, filed Mar 11, 2021, the minimum investment SL Fund 1 LLC accepts from an outside investor is $50,000.
Who can invest in SL Fund 1 LLC?
SL Fund 1 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 SL Fund 1 LLC raised?
SL Fund 1 LLC reports $20,225,000 sold from 42 investors on its Form D filed Mar 11, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is SL Fund 1 LLC based?
SL Fund 1 LLC is based in Stowe, Vermont.
When did SL Fund 1 LLC launch?
SL Fund 1 LLC reports its first sale in Feb 2021.
Size compared with every private investment fund
Raised more than 70% of the 10 private investment funds based in Vermont, and more than 51% of all 10,287 that report sales.