Town Founders Fund L.P. is a real estate fund based in Detroit, Michigan. According to its most recent Form D, filed Mar 16, 2015, it has sold $625,000 of interests to 9 investors since its first sale in Mar 2015. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kyle Polk; Jordan Wolfe.
- Total raised
- $625,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Mar 9, 2015
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Kyle Polk; Jordan Wolfe
- Latest Form D
- Mar 16, 2015
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 Town Founders Fund L.P.
What is the minimum investment for Town Founders Fund L.P.?
According to its latest Form D, filed Mar 16, 2015, the minimum investment Town Founders Fund L.P. accepts from an outside investor is $100,000.
Who can invest in Town Founders Fund L.P.?
Town Founders Fund L.P. 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 Town Founders Fund L.P. raised?
Town Founders Fund L.P. reports $625,000 sold from 9 investors on its Form D filed Mar 16, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Town Founders Fund L.P. based?
Town Founders Fund L.P. is based in Detroit, Michigan.
When did Town Founders Fund L.P. launch?
Town Founders Fund L.P. reports its first sale in Mar 2015.
Size compared with every real estate fund
Raised more than 38% of the 104 real estate funds based in Michigan, and more than 26% of all 7,311 that report sales.