Stonepoint Development Partners Fund I LLC is a private equity fund based in Nashville, Tennessee. According to its most recent Form D, filed Sep 9, 2020, it has sold $8,500,000 of interests to 10 investors since its first sale in Aug 2020. 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 Timothy Wolters; Scott Greenwood.
- Total raised
- $8,500,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Aug 26, 2020
- 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
- Timothy Wolters; Scott Greenwood
- Latest Form D
- Sep 9, 2020
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 Stonepoint Development Partners Fund I LLC
What is the minimum investment for Stonepoint Development Partners Fund I LLC?
According to its latest Form D, filed Sep 9, 2020, the minimum investment Stonepoint Development Partners Fund I LLC accepts from an outside investor is $250,000.
Who can invest in Stonepoint Development Partners Fund I LLC?
Stonepoint Development Partners Fund I 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 Stonepoint Development Partners Fund I LLC raised?
Stonepoint Development Partners Fund I LLC reports $8,500,000 sold from 10 investors on its Form D filed Sep 9, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Stonepoint Development Partners Fund I LLC based?
Stonepoint Development Partners Fund I LLC is based in Nashville, Tennessee.
When did Stonepoint Development Partners Fund I LLC launch?
Stonepoint Development Partners Fund I LLC reports its first sale in Aug 2020.
Size compared with every private equity fund
Raised more than 58% of the 76 private equity funds based in Tennessee, and more than 41% of all 8,950 that report sales.