AltMountain

Union Lake Elevation Partners LLC

Birmingham, MI · CIK 1881932
Status: no Form D since Dec 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Union Lake Elevation Partners LLC is a private equity fund based in Birmingham, Michigan. According to its most recent Form D, filed Dec 29, 2021, it has sold $80,559,520 of interests to 85 investors since its first sale in Aug 2021. The minimum investment it accepts from an outside investor is $50,000. 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 Union Lake Elevation Partners Manager LLC (DE; Eric Singer.

Total raised
$80,559,520Cumulative sales reported on Form D
Investors
85
First sale
Aug 25, 2021
Minimum investment
$50,000
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
Union Lake Elevation Partners Manager LLC (DE; Eric Singer
Latest Form D
Dec 29, 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 Union Lake Elevation Partners LLC

What is the minimum investment for Union Lake Elevation Partners LLC?

According to its latest Form D, filed Dec 29, 2021, the minimum investment Union Lake Elevation Partners LLC accepts from an outside investor is $50,000.

Who can invest in Union Lake Elevation Partners LLC?

Union Lake Elevation Partners 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 Union Lake Elevation Partners LLC raised?

Union Lake Elevation Partners LLC reports $80,559,520 sold from 85 investors on its Form D filed Dec 29, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Union Lake Elevation Partners LLC based?

Union Lake Elevation Partners LLC is based in Birmingham, Michigan.

When did Union Lake Elevation Partners LLC launch?

Union Lake Elevation Partners LLC reports its first sale in Aug 2021.

Size compared with every private equity fund

Raised more than 84% of the 87 private equity funds based in Michigan, and more than 70% of all 8,883 that report sales.

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