Universal Note Fund, LLC is a private investment fund based in Key Biscayne, Florida. According to its most recent Form D, filed Jan 23, 2026, it has sold $31,967,000 of interests to 92 investors since its first sale in Feb 2021. The minimum investment it accepts from an outside investor is $100,000. 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 Gary Eidelstein; Matthew Eidelstein; Marc Perel.
- Total raised
- $31,967,000Cumulative sales reported on Form D
- Investors
- 92
- First sale
- Feb 1, 2021
- Minimum investment
- $100,000
- 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
- Gary Eidelstein; Matthew Eidelstein; Marc Perel
- Latest Form D
- Jan 23, 2026
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 Universal Note Fund, LLC
What is the minimum investment for Universal Note Fund, LLC?
According to its latest Form D, filed Jan 23, 2026, the minimum investment Universal Note Fund, LLC accepts from an outside investor is $100,000.
Who can invest in Universal Note Fund, LLC?
Universal Note Fund, 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 Universal Note Fund, LLC raised?
Universal Note Fund, LLC reports $31,967,000 sold from 92 investors on its Form D filed Jan 23, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Universal Note Fund, LLC based?
Universal Note Fund, LLC is based in Key Biscayne, Florida.
When did Universal Note Fund, LLC launch?
Universal Note Fund, LLC reports its first sale in Feb 2021, 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 investment fund
Raised more than 84% of the 882 private investment funds based in Florida, and more than 57% of all 10,425 that report sales.