Statesman, LLC is a real estate fund based in Austin, Texas. According to its most recent Form D, filed Nov 16, 2022, it has sold $12,900,000 of interests to 13 investors since its first sale in Nov 2022. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Brett Bowman; Selvam Sabapthy; Vivek Sagi.
- Total raised
- $12,900,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Nov 7, 2022
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Brett Bowman; Selvam Sabapthy; Vivek Sagi
- Latest Form D
- Nov 16, 2022
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 Statesman, LLC
What is the minimum investment for Statesman, LLC?
According to its latest Form D, filed Nov 16, 2022, the minimum investment Statesman, LLC accepts from an outside investor is $50,000.
Who can invest in Statesman, LLC?
Statesman, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Statesman, LLC raised?
Statesman, LLC reports $12,900,000 sold from 13 investors on its Form D filed Nov 16, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Statesman, LLC based?
Statesman, LLC is based in Austin, Texas.
When did Statesman, LLC launch?
Statesman, LLC reports its first sale in Nov 2022.
Size compared with every real estate fund
Raised more than 88% of the 1,418 real estate funds based in Texas, and more than 82% of all 7,322 that report sales.