Tourmaline Equity, LLC is a real estate fund based in San Diego, California. According to its most recent Form D, filed Jun 17, 2016, it has sold $1,088,000 of interests to 7 investors since its first sale in Jun 2016. 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 Ilan Awerbuch.
- Total raised
- $1,088,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Jun 1, 2016
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Ilan Awerbuch
- Latest Form D
- Jun 17, 2016
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 Tourmaline Equity, LLC
What is the minimum investment for Tourmaline Equity, LLC?
According to its latest Form D, filed Jun 17, 2016, the minimum investment Tourmaline Equity, LLC accepts from an outside investor is $50,000.
Who can invest in Tourmaline Equity, LLC?
Tourmaline Equity, 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 Tourmaline Equity, LLC raised?
Tourmaline Equity, LLC reports $1,088,000 sold from 7 investors on its Form D filed Jun 17, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Tourmaline Equity, LLC based?
Tourmaline Equity, LLC is based in San Diego, California.
When did Tourmaline Equity, LLC launch?
Tourmaline Equity, LLC reports its first sale in Jun 2016.
Size compared with every real estate fund
Raised more than 51% of the 1,092 real estate funds based in California, and more than 34% of all 7,351 that report sales.