Steel Returns LP is a private investment fund based in Eugene, Oregon. According to its most recent Form D, filed Sep 5, 2024, it has sold $340,000 of interests to 3 investors since its first sale in Aug 2024. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Kevin Simrin; Kirk Simrin; Steel Lending Group LLC.
- Total raised
- $340,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Aug 23, 2024
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Kevin Simrin; Kirk Simrin; Steel Lending Group LLC
- Latest Form D
- Sep 5, 2024
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 Steel Returns LP
What is the minimum investment for Steel Returns LP?
According to its latest Form D, filed Sep 5, 2024, the minimum investment Steel Returns LP accepts from an outside investor is $25,000.
Who can invest in Steel Returns LP?
Steel Returns LP 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 Steel Returns LP raised?
Steel Returns LP reports $340,000 sold from 3 investors on its Form D filed Sep 5, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Steel Returns LP based?
Steel Returns LP is based in Eugene, Oregon.
When did Steel Returns LP launch?
Steel Returns LP reports its first sale in Aug 2024.
Size compared with every private investment fund
Raised more than 28% of the 39 private investment funds based in Oregon, and more than 7% of all 10,255 that report sales.