Southmark Fund LLC is a private investment fund based in Wilmington, North Carolina. According to its most recent Form D, filed Jun 11, 2026, it has sold $24,625,000 of interests to 21 investors since its first sale in Apr 2026. The filing does not set a minimum investment. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Jay Atkinson; Kevin McCarthy.
- Total raised
- $24,625,000Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Apr 1, 2026
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Jay Atkinson; Kevin McCarthy
- Latest Form D
- Jun 11, 2026
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 Southmark Fund LLC
What is the minimum investment for Southmark Fund LLC?
Southmark Fund LLC's latest Form D, filed Jun 11, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Southmark Fund LLC?
Southmark Fund LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Southmark Fund LLC raised?
Southmark Fund LLC reports $24,625,000 sold from 21 investors on its Form D filed Jun 11, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Southmark Fund LLC based?
Southmark Fund LLC is based in Wilmington, North Carolina.
When did Southmark Fund LLC launch?
Southmark Fund LLC reports its first sale in Apr 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 58% of the 246 private investment funds based in North Carolina, and more than 53% of all 10,287 that report sales.