Borderless Planets Fund LLC
Borderless Planets Fund LLC is a private investment fund based in Windermere, Florida. According to its most recent Form D, filed Nov 29, 2021, it has sold $10,000,000 of interests to 28 investors since its first sale in Nov 2021. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Arul Murugan; David Garcia.
- Total raised
- $10,000,000Cumulative sales reported on Form D
- Investors
- 28
- First sale
- Nov 9, 2021
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Arul Murugan; David Garcia
- Latest Form D
- Nov 29, 2021
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 Borderless Planets Fund LLC
What is the minimum investment for Borderless Planets Fund LLC?
According to its latest Form D, filed Nov 29, 2021, the minimum investment Borderless Planets Fund LLC accepts from an outside investor is $250,000.
Who can invest in Borderless Planets Fund LLC?
Borderless Planets Fund 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(b), which does not allow general advertising.
How much has Borderless Planets Fund LLC raised?
Borderless Planets Fund LLC reports $10,000,000 sold from 28 investors on its Form D filed Nov 29, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Borderless Planets Fund LLC based?
Borderless Planets Fund LLC is based in Windermere, Florida.
When did Borderless Planets Fund LLC launch?
Borderless Planets Fund LLC reports its first sale in Nov 2021.
Size compared with every private investment fund
Raised more than 68% of the 861 private investment funds based in Florida, and more than 41% of all 10,263 that report sales.