Windtree Drive, LLC
Windtree Drive, LLC is a hedge fund based in Los Angeles, California. According to its most recent Form D, filed Mar 22, 2019, the fund has sold $39,700,000 of interests to 25 investors since its first sale in Sep 2018. 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 Howard Day, Jr; Lucinda Fournier; Robert Day.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $39,700,000Cumulative sales reported on Form D
- Investors
- 25
- First sale
- Sep 17, 2018
- 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
- Howard Day, Jr; Lucinda Fournier; Robert Day
- Latest Form D
- Mar 22, 2019
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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Windtree Drive, LLC
What is the minimum investment for Windtree Drive, LLC?
According to its latest Form D, filed Mar 22, 2019, the minimum investment Windtree Drive, LLC accepts from an outside investor is $50,000.
Who can invest in Windtree Drive, LLC?
Windtree Drive, 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 Windtree Drive, LLC raised?
Windtree Drive, LLC reports $39,700,000 sold from 25 investors on its Form D filed Mar 22, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Windtree Drive, LLC based?
Windtree Drive, LLC is based in Los Angeles, California.
When did Windtree Drive, LLC launch?
Windtree Drive, LLC reports its first sale in Sep 2018.
Size compared with every hedge fund
Raised more than 53% of the 1,048 hedge funds based in California, and more than 42% of all 10,118 that report sales.