Southport Financial LLC
Southport Financial LLC is a real estate fund based in Southport, Connecticut. According to its most recent Form D, filed May 5, 2020, it has sold $125,000 of interests to 2 investors since its first sale in Mar 2020. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include R James; Elisha Wilbur.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Mar 17, 2020
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- R James; Elisha Wilbur
- Latest Form D
- May 5, 2020
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 Southport Financial LLC
What is the minimum investment for Southport Financial LLC?
According to its latest Form D, filed May 5, 2020, the minimum investment Southport Financial LLC accepts from an outside investor is $50,000.
Who can invest in Southport Financial LLC?
Southport Financial 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 Southport Financial LLC raised?
Southport Financial LLC reports $125,000 sold from 2 investors on its Form D filed May 5, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Southport Financial LLC based?
Southport Financial LLC is based in Southport, Connecticut.
When did Southport Financial LLC launch?
Southport Financial LLC reports its first sale in Mar 2020.
Size compared with every real estate fund
Raised more than 30% of the 60 real estate funds based in Connecticut, and more than 8% of all 7,350 that report sales.