SNC Fund I, LLC
SNC Fund I, LLC is a private investment fund based in Salt Lake City, Utah. According to its most recent Form D, filed Mar 12, 2019, it has sold $2,000,000 of interests to 1 investor since its first sale in Jul 2018. The minimum investment it accepts from an outside investor is $2,000,000. 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 Richard Thoms; Jeremy Neilson; LLC Assure Fund Management II.
- Total raised
- $2,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jul 1, 2018
- Minimum investment
- $2,000,000
- 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
- Richard Thoms; Jeremy Neilson; LLC Assure Fund Management II
- Latest Form D
- Mar 12, 2019
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 SNC Fund I, LLC
What is the minimum investment for SNC Fund I, LLC?
According to its latest Form D, filed Mar 12, 2019, the minimum investment SNC Fund I, LLC accepts from an outside investor is $2,000,000.
Who can invest in SNC Fund I, LLC?
SNC Fund I, 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 SNC Fund I, LLC raised?
SNC Fund I, LLC reports $2,000,000 sold from 1 investor on its Form D filed Mar 12, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is SNC Fund I, LLC based?
SNC Fund I, LLC is based in Salt Lake City, Utah.
When did SNC Fund I, LLC launch?
SNC Fund I, LLC reports its first sale in Jul 2018.
Size compared with every private investment fund
Raised more than 61% of the 197 private investment funds based in Utah, and more than 20% of all 10,333 that report sales.