SMS X LLC is a private equity fund based in Carmel, Indiana. According to its most recent Form D, filed Jul 21, 2023, it has sold $2,550,000 of interests to 34 investors since its first sale in Jul 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
- $2,550,000Cumulative sales reported on Form D
- Investors
- 34
- First sale
- Jul 6, 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
- Jul 21, 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 X LLC
What is the minimum investment for SMS X LLC?
According to its latest Form D, filed Jul 21, 2023, the minimum investment SMS X LLC accepts from an outside investor is $25,000.
Who can invest in SMS X LLC?
SMS X 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 X LLC raised?
SMS X LLC reports $2,550,000 sold from 34 investors on its Form D filed Jul 21, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is SMS X LLC based?
SMS X LLC is based in Carmel, Indiana.
When did SMS X LLC launch?
SMS X LLC reports its first sale in Jul 2023.
Size compared with every private equity fund
Raised more than 50% of the 22 private equity funds based in Indiana, and more than 28% of all 8,888 that report sales.