Sunwealth Note Pool 1 LLC
Sunwealth Note Pool 1 LLC is a private investment fund based in Somerville, Massachusetts. According to its most recent Form D, filed Jun 22, 2017, it has sold $790,000 of interests to 24 investors since its first sale in May 2017. The minimum investment it accepts from an outside investor is $50,000. 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 Ryan Dings; Sunwealth Power LLC; Jonathan Abe.
- Total raised
- $790,000Cumulative sales reported on Form D
- Investors
- 24
- First sale
- May 19, 2017
- Minimum investment
- $50,000
- 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
- Ryan Dings; Sunwealth Power LLC; Jonathan Abe
- Latest Form D
- Jun 22, 2017
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 Sunwealth Note Pool 1 LLC
What is the minimum investment for Sunwealth Note Pool 1 LLC?
According to its latest Form D, filed Jun 22, 2017, the minimum investment Sunwealth Note Pool 1 LLC accepts from an outside investor is $50,000.
Who can invest in Sunwealth Note Pool 1 LLC?
Sunwealth Note Pool 1 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 Sunwealth Note Pool 1 LLC raised?
Sunwealth Note Pool 1 LLC reports $790,000 sold from 24 investors on its Form D filed Jun 22, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Sunwealth Note Pool 1 LLC based?
Sunwealth Note Pool 1 LLC is based in Somerville, Massachusetts.
When did Sunwealth Note Pool 1 LLC launch?
Sunwealth Note Pool 1 LLC reports its first sale in May 2017.
Size compared with every private investment fund
Raised more than 28% of the 537 private investment funds based in Massachusetts, and more than 12% of all 10,266 that report sales.