SVAN Sherman Fund LLC
SVAN Sherman Fund LLC is a private investment fund based in Euless, Texas. According to its most recent Form D, filed May 2, 2024, it has sold $3,000,000 of interests to 11 investors since its first sale in Mar 2024. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kuntal Hazari; Hirenkumar Patel; Khusboobhaen Patel.
- Total raised
- $3,000,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Mar 7, 2024
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Kuntal Hazari; Hirenkumar Patel; Khusboobhaen Patel
- Latest Form D
- May 2, 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 SVAN Sherman Fund LLC
What is the minimum investment for SVAN Sherman Fund LLC?
According to its latest Form D, filed May 2, 2024, the minimum investment SVAN Sherman Fund LLC accepts from an outside investor is $50,000.
Who can invest in SVAN Sherman Fund LLC?
SVAN Sherman Fund LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has SVAN Sherman Fund LLC raised?
SVAN Sherman Fund LLC reports $3,000,000 sold from 11 investors on its Form D filed May 2, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is SVAN Sherman Fund LLC based?
SVAN Sherman Fund LLC is based in Euless, Texas.
When did SVAN Sherman Fund LLC launch?
SVAN Sherman Fund LLC reports its first sale in Mar 2024.
Size compared with every private investment fund
Raised more than 42% of the 879 private investment funds based in Texas, and more than 25% of all 10,287 that report sales.