Spring Equity, LLC
Spring Equity, LLC is a private equity fund based in Philadelphia, Pennsylvania. According to its most recent Form D, filed Dec 21, 2017, it has sold $2,000,000 of interests to 1 investor since its first sale in Dec 2017. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Charles Bradley; Jerry Schiano; Charles Griffin.
- Total raised
- $2,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Dec 15, 2017
- Minimum investment
- $250,000
- 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
- Charles Bradley; Jerry Schiano; Charles Griffin
- Latest Form D
- Dec 21, 2017
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 Spring Equity, LLC
What is the minimum investment for Spring Equity, LLC?
According to its latest Form D, filed Dec 21, 2017, the minimum investment Spring Equity, LLC accepts from an outside investor is $250,000.
Who can invest in Spring Equity, LLC?
Spring Equity, 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 Spring Equity, LLC raised?
Spring Equity, LLC reports $2,000,000 sold from 1 investor on its Form D filed Dec 21, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Spring Equity, LLC based?
Spring Equity, LLC is based in Philadelphia, Pennsylvania.
When did Spring Equity, LLC launch?
Spring Equity, LLC reports its first sale in Dec 2017.
Size compared with every private equity fund
Raised more than 33% of the 261 private equity funds based in Pennsylvania, and more than 26% of all 8,842 that report sales.