TBG MultiREP III LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Nov 21, 2017, it has sold $2,221,000 of interests to 93 investors since its first sale in Jan 2017. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include YieldStreet Management LLC; Milind Mehere; Michael Weisz.
- Total raised
- $2,221,000Cumulative sales reported on Form D
- Investors
- 93
- First sale
- Jan 24, 2017
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- YieldStreet Management LLC; Milind Mehere; Michael Weisz
- Latest Form D
- Nov 21, 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 TBG MultiREP III LLC
What is the minimum investment for TBG MultiREP III LLC?
TBG MultiREP III LLC's latest Form D, filed Nov 21, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in TBG MultiREP III LLC?
TBG MultiREP III 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(c), so it may advertise, but every investor must be verified as accredited.
How much has TBG MultiREP III LLC raised?
TBG MultiREP III LLC reports $2,221,000 sold from 93 investors on its Form D filed Nov 21, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is TBG MultiREP III LLC based?
TBG MultiREP III LLC is based in New York, New York.
When did TBG MultiREP III LLC launch?
TBG MultiREP III LLC reports its first sale in Jan 2017.
Size compared with every private investment fund
Raised more than 33% of the 2,847 private investment funds based in New York, and more than 22% of all 10,333 that report sales.