USB Focus Fund LevelUp 2B, LLC is a private investment fund based in Lincoln, Massachusetts. According to its most recent Form D, filed Aug 22, 2017, it has sold $13,469,321 of interests to 42 investors since its first sale in Aug 2017. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Willard Umphrey; Pear Tree Partners, L.P; Kathryn Laing.
- Total raised
- $13,469,321Cumulative sales reported on Form D
- Investors
- 42
- First sale
- Aug 15, 2017
- Minimum investment
- $50,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Willard Umphrey; Pear Tree Partners, L.P; Kathryn Laing
- Latest Form D
- Aug 22, 2017
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 USB Focus Fund LevelUp 2B, LLC
What is the minimum investment for USB Focus Fund LevelUp 2B, LLC?
According to its latest Form D, filed Aug 22, 2017, the minimum investment USB Focus Fund LevelUp 2B, LLC accepts from an outside investor is $50,000.
Who can invest in USB Focus Fund LevelUp 2B, LLC?
USB Focus Fund LevelUp 2B, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has USB Focus Fund LevelUp 2B, LLC raised?
USB Focus Fund LevelUp 2B, LLC reports $13,469,321 sold from 42 investors on its Form D filed Aug 22, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is USB Focus Fund LevelUp 2B, LLC based?
USB Focus Fund LevelUp 2B, LLC is based in Lincoln, Massachusetts.
When did USB Focus Fund LevelUp 2B, LLC launch?
USB Focus Fund LevelUp 2B, LLC reports its first sale in Aug 2017.
Size compared with every private investment fund
Raised more than 42% of the 538 private investment funds based in Massachusetts, and more than 46% of all 10,333 that report sales.
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