SP Mount Mitchell, LLC
SP Mount Mitchell, LLC is a private investment fund based in Fort Worth, Texas. According to its most recent Form D, filed Mar 18, 2021, it has sold $4,305,000 of interests to 26 investors since its first sale in Feb 2021. The filing does not set a minimum investment. 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 Apurva Mehta; Summit Peak Ventures GP, LLC; Patrick O'Connor.
- Total raised
- $4,305,000Cumulative sales reported on Form D
- Investors
- 26
- First sale
- Feb 17, 2021
- Minimum investment
- None set
- 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
- Apurva Mehta; Summit Peak Ventures GP, LLC; Patrick O'Connor
- Latest Form D
- Mar 18, 2021
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 Mount Mitchell, LLC
What is the minimum investment for SP Mount Mitchell, LLC?
SP Mount Mitchell, LLC's latest Form D, filed Mar 18, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SP Mount Mitchell, LLC?
SP Mount Mitchell, 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 SP Mount Mitchell, LLC raised?
SP Mount Mitchell, LLC reports $4,305,000 sold from 26 investors on its Form D filed Mar 18, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is SP Mount Mitchell, LLC based?
SP Mount Mitchell, LLC is based in Fort Worth, Texas.
When did SP Mount Mitchell, LLC launch?
SP Mount Mitchell, LLC reports its first sale in Feb 2021.
Size compared with every private investment fund
Raised more than 45% of the 878 private investment funds based in Texas, and more than 30% of all 10,248 that report sales.