SP Funds RE, LLC is a private equity fund based in Lake Mary, Florida. According to its most recent Form D, filed Dec 11, 2025, it has sold $9,404,360 of interests since its first sale in Aug 2019. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Naushad Virji.
- Total raised
- $9,404,360Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Aug 8, 2019
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Naushad Virji
- Latest Form D
- Dec 11, 2025
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 SP Funds RE, LLC
What is the minimum investment for SP Funds RE, LLC?
According to its latest Form D, filed Dec 11, 2025, the minimum investment SP Funds RE, LLC accepts from an outside investor is $100,000.
Who can invest in SP Funds RE, LLC?
SP Funds RE, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has SP Funds RE, LLC raised?
SP Funds RE, LLC reports $9,404,360 sold on its Form D filed Dec 11, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is SP Funds RE, LLC based?
SP Funds RE, LLC is based in Lake Mary, Florida.
When did SP Funds RE, LLC launch?
SP Funds RE, LLC reports its first sale in Aug 2019.
Size compared with every private equity fund
Raised more than 76% of the 818 private equity funds based in Florida, and more than 41% of all 9,142 that report sales.