Sterling Beach Fund LLC
Sterling Beach Fund LLC is a venture capital fund based in Miami Beach, Florida. According to its most recent Form D, filed Mar 1, 2019, it has sold $500,000 of interests to 5 investors since its first sale in Feb 2019. The minimum investment it accepts from an outside investor is $25,000. 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 Paul Hletko; Ryan Malkin.
- Total raised
- $500,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Feb 16, 2019
- Minimum investment
- $25,000
- 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
- Paul Hletko; Ryan Malkin
- Latest Form D
- Mar 1, 2019
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 Sterling Beach Fund LLC
What is the minimum investment for Sterling Beach Fund LLC?
According to its latest Form D, filed Mar 1, 2019, the minimum investment Sterling Beach Fund LLC accepts from an outside investor is $25,000.
Who can invest in Sterling Beach Fund LLC?
Sterling Beach Fund 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 Sterling Beach Fund LLC raised?
Sterling Beach Fund LLC reports $500,000 sold from 5 investors on its Form D filed Mar 1, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Sterling Beach Fund LLC based?
Sterling Beach Fund LLC is based in Miami Beach, Florida.
When did Sterling Beach Fund LLC launch?
Sterling Beach Fund LLC reports its first sale in Feb 2019.
Size compared with every venture capital fund
Raised more than 45% of the 568 venture capital funds based in Florida, and more than 48% of all 14,865 that report sales.