Tera Joule, LLC is a private equity fund based in New York, New York. According to its most recent Form D, filed Oct 16, 2018, it has sold $950,000 of interests to 11 investors since its first sale in Mar 2018. The minimum investment it accepts from an outside investor is $20,000. 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 _ Brookstone Partners IAC, Inc; Matthew Lipman; Michael Toporek.
- Total raised
- $950,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Mar 2, 2018
- Minimum investment
- $20,000
- 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
- _ Brookstone Partners IAC, Inc; Matthew Lipman; Michael Toporek
- Latest Form D
- Oct 16, 2018
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 Tera Joule, LLC
What is the minimum investment for Tera Joule, LLC?
According to its latest Form D, filed Oct 16, 2018, the minimum investment Tera Joule, LLC accepts from an outside investor is $20,000.
Who can invest in Tera Joule, LLC?
Tera Joule, 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 Tera Joule, LLC raised?
Tera Joule, LLC reports $950,000 sold from 11 investors on its Form D filed Oct 16, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Tera Joule, LLC based?
Tera Joule, LLC is based in New York, New York.
When did Tera Joule, LLC launch?
Tera Joule, LLC reports its first sale in Mar 2018.
Size compared with every private equity fund
Raised more than 49% of the 3,662 private equity funds based in New York, and more than 20% of all 8,896 that report sales.