Union Lazy Angels Ltd
Union Lazy Angels Ltd is a private equity fund based in Road Town, Virgin Islands, British. According to its most recent Form D, filed Mar 12, 2025, it has sold $255,500 of interests to 54 investors since its first sale in Dec 2024. The minimum investment it accepts from an outside investor is $1,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include GM Echo Manager LTD.
- Total raised
- $255,500Cumulative sales reported on Form D
- Investors
- 54
- First sale
- Dec 12, 2024
- Minimum investment
- $1,000
- 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
- GM Echo Manager LTD
- Latest Form D
- Mar 12, 2025
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 Lazy Angels Ltd
What is the minimum investment for Union Lazy Angels Ltd?
According to its latest Form D, filed Mar 12, 2025, the minimum investment Union Lazy Angels Ltd accepts from an outside investor is $1,000.
Who can invest in Union Lazy Angels Ltd?
Union Lazy Angels Ltd 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 Lazy Angels Ltd raised?
Union Lazy Angels Ltd reports $255,500 sold from 54 investors on its Form D filed Mar 12, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Union Lazy Angels Ltd based?
Union Lazy Angels Ltd is based in Road Town, Virgin Islands, British and is managed by Echo.
When did Union Lazy Angels Ltd launch?
Union Lazy Angels Ltd reports its first sale in Dec 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 49% of the 346 private equity funds based in Virgin Islands, British, and more than 10% of all 9,142 that report sales.