SMS IV LLC is a private equity fund based in Carmel, Indiana. According to its most recent Form D, filed Mar 31, 2023, it has sold $750,000 of interests to 23 investors since its first sale in Jan 2023. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Leo LaGrotte.
- Total raised
- $750,000Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Jan 9, 2023
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Leo LaGrotte
- Latest Form D
- Mar 31, 2023
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 SMS IV LLC
What is the minimum investment for SMS IV LLC?
According to its latest Form D, filed Mar 31, 2023, the minimum investment SMS IV LLC accepts from an outside investor is $25,000.
Who can invest in SMS IV LLC?
SMS IV 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 SMS IV LLC raised?
SMS IV LLC reports $750,000 sold from 23 investors on its Form D filed Mar 31, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is SMS IV LLC based?
SMS IV LLC is based in Carmel, Indiana.
When did SMS IV LLC launch?
SMS IV LLC reports its first sale in Jan 2023.
Size compared with every private equity fund
Raised more than 50% of the 22 private equity funds based in Indiana, and more than 18% of all 8,888 that report sales.