Somete Fund, LLC
Somete Fund, LLC is a private equity fund based in Louisville, Colorado. According to its most recent Form D, filed Apr 2, 2019, it has sold $3,557,662 of interests to 28 investors since its first sale in May 2010. The minimum investment it accepts from an outside investor is $100,000. 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 David Williams.
- Total raised
- $3,557,662Cumulative sales reported on Form D
- Investors
- 28
- First sale
- May 27, 2010
- Minimum investment
- $100,000
- 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
- David Williams
- Latest Form D
- Apr 2, 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 Somete Fund, LLC
What is the minimum investment for Somete Fund, LLC?
According to its latest Form D, filed Apr 2, 2019, the minimum investment Somete Fund, LLC accepts from an outside investor is $100,000.
Who can invest in Somete Fund, LLC?
Somete Fund, 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 Somete Fund, LLC raised?
Somete Fund, LLC reports $3,557,662 sold from 28 investors on its Form D filed Apr 2, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Somete Fund, LLC based?
Somete Fund, LLC is based in Louisville, Colorado.
When did Somete Fund, LLC launch?
Somete Fund, LLC reports its first sale in May 2010.
Size compared with every private equity fund
Raised more than 38% of the 133 private equity funds based in Colorado, and more than 31% of all 8,889 that report sales.