Watershed Equity Fund, LLC is a real estate fund based in Tacoma, Washington. According to its most recent Form D, filed Nov 10, 2025, it has sold $50,000 of interests to 1 investor since its first sale in Nov 2025. The minimum investment it accepts from an outside investor is $50,000. 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 Shelby ROGNSTAD.
- Total raised
- $50,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Nov 10, 2025
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Shelby ROGNSTAD
- Latest Form D
- Nov 10, 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 Watershed Equity Fund, LLC
What is the minimum investment for Watershed Equity Fund, LLC?
According to its latest Form D, filed Nov 10, 2025, the minimum investment Watershed Equity Fund, LLC accepts from an outside investor is $50,000.
Who can invest in Watershed Equity Fund, LLC?
Watershed Equity Fund, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Watershed Equity Fund, LLC raised?
Watershed Equity Fund, LLC reports $50,000 sold from 1 investor on its Form D filed Nov 10, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Watershed Equity Fund, LLC based?
Watershed Equity Fund, LLC is based in Tacoma, Washington.
When did Watershed Equity Fund, LLC launch?
Watershed Equity Fund, LLC reports its first sale in Nov 2025, 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 real estate fund
Raised more than 34% of the 285 real estate funds based in Washington, and more than 1% of all 7,351 that report sales.