AltMountain

SLN Bancroft LLC

Norfolk, VA · CIK 1624825
Status: no Form D since Nov 2014. 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.

SLN Bancroft LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Nov 12, 2014, it has sold $4,413,500 of interests to 13 investors since its first sale in Nov 2014. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Richard Counselman; Alan Nordlinger; Miles Leon.

Total raised
$4,413,500Cumulative sales reported on Form D
Investors
13
First sale
Nov 6, 2014
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Richard Counselman; Alan Nordlinger; Miles Leon
Latest Form D
Nov 12, 2014

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 SLN Bancroft LLC

What is the minimum investment for SLN Bancroft LLC?

SLN Bancroft LLC's latest Form D, filed Nov 12, 2014, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in SLN Bancroft LLC?

SLN Bancroft 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 SLN Bancroft LLC raised?

SLN Bancroft LLC reports $4,413,500 sold from 13 investors on its Form D filed Nov 12, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is SLN Bancroft LLC based?

SLN Bancroft LLC is based in Norfolk, Virginia.

When did SLN Bancroft LLC launch?

SLN Bancroft LLC reports its first sale in Nov 2014.

Size compared with every real estate fund

Raised more than 69% of the 141 real estate funds based in Virginia, and more than 63% of all 7,311 that report sales.

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