TU Group LLC
TU Group LLC is a venture capital fund based in Huntsville, Alabama. According to its most recent Form D, filed Dec 6, 2021, it has sold $5,150,000 of interests to 26 investors since its first sale in Nov 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include P. Ramsay Battin; Eastside Management Company, LLC; ML Management Company LLC.
- Total raised
- $5,150,000Cumulative sales reported on Form D
- Investors
- 26
- First sale
- Nov 19, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- P. Ramsay Battin; Eastside Management Company, LLC; ML Management Company LLC
- Latest Form D
- Dec 6, 2021
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 TU Group LLC
What is the minimum investment for TU Group LLC?
TU Group LLC's latest Form D, filed Dec 6, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in TU Group LLC?
TU Group LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has TU Group LLC raised?
TU Group LLC reports $5,150,000 sold from 26 investors on its Form D filed Dec 6, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is TU Group LLC based?
TU Group LLC is based in Huntsville, Alabama.
When did TU Group LLC launch?
TU Group LLC reports its first sale in Nov 2021.
Size compared with every venture capital fund
Raised more than 94% of the 16 venture capital funds based in Alabama, and more than 82% of all 14,820 that report sales.