SPT Dolphin Intermediate LLC is a real estate fund based in Greenwich, Connecticut. According to its most recent Form D, filed Jan 12, 2018, it has sold $71,162,436 of interests to 8 investors since its first sale in Dec 2017. 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 Barry Sternlicht; Farid Maluf; Cary Carpenter.
- Total raised
- $71,162,436Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Dec 28, 2017
- 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
- Barry Sternlicht; Farid Maluf; Cary Carpenter
- Latest Form D
- Jan 12, 2018
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 SPT Dolphin Intermediate LLC
What is the minimum investment for SPT Dolphin Intermediate LLC?
SPT Dolphin Intermediate LLC's latest Form D, filed Jan 12, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SPT Dolphin Intermediate LLC?
SPT Dolphin Intermediate 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 SPT Dolphin Intermediate LLC raised?
SPT Dolphin Intermediate LLC reports $71,162,436 sold from 8 investors on its Form D filed Jan 12, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is SPT Dolphin Intermediate LLC based?
SPT Dolphin Intermediate LLC is based in Greenwich, Connecticut.
When did SPT Dolphin Intermediate LLC launch?
SPT Dolphin Intermediate LLC reports its first sale in Dec 2017.
Size compared with every real estate fund
Raised more than 88% of the 60 real estate funds based in Connecticut, and more than 96% of all 7,311 that report sales.