Sonics56 LLC
Sonics56 LLC is a private fund (spv) organized in Delaware, United States and advised by Prattes Wealth Partners. Its adviser reported $2,050,000 in gross assets for the fund on Form ADV, filed Dec 26, 2024. It reported 9 beneficial owners. The minimum investment it accepts is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $2,050,000As reported on Form ADV
- Beneficial owners
- 9
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Private fundSPV
- Domicile
- Delaware, United States
- Administrator
- Yulish
- Custodian
- City National Bank
- Adviser
- Prattes Wealth Partners · Newport Beach, CA · CRD 298746
- Reported on
- Dec 26, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Sonics56 LLC
What is the minimum investment for Sonics56 LLC?
According to its adviser's Form ADV filed Dec 26, 2024, the minimum investment Sonics56 LLC accepts is $100,000.
Who can invest in Sonics56 LLC?
Sonics56 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).
How large is Sonics56 LLC?
Its adviser reported $2,050,000 in gross assets on Form ADV filed Dec 26, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Sonics56 LLC?
Sonics56 LLC is advised by Prattes Wealth Partners, based in Newport Beach, CA.
Who are Sonics56 LLC's service providers?
Its Form ADV lists Yulish as administrator.