FMS Splitter, LLC is a private equity fund based in Towson, Maryland. According to its most recent Form D, filed Sep 8, 2026, it has sold $6,500,000 of interests to 1 investor since its first sale in Aug 2025. The filing does not set a minimum investment. 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 Carrie Carscallen; Joshua Hall III; Michael Booth.
- Total raised
- $6,500,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Aug 7, 2025
- Minimum investment
- None set
- 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
- Carrie Carscallen; Joshua Hall III; Michael Booth
- Latest Form D
- Sep 8, 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 FMS Splitter, LLC
What is the minimum investment for FMS Splitter, LLC?
FMS Splitter, LLC's latest Form D, filed Sep 8, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in FMS Splitter, LLC?
FMS Splitter, 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 FMS Splitter, LLC raised?
FMS Splitter, LLC reports $6,500,000 sold from 1 investor on its Form D filed Sep 8, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is FMS Splitter, LLC based?
FMS Splitter, LLC is based in Towson, Maryland.
When did FMS Splitter, LLC launch?
FMS Splitter, LLC reports its first sale in Aug 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 private equity fund
Raised more than 42% of the 162 private equity funds based in Maryland, and more than 38% of all 9,142 that report sales.
Other funds with the same team
Similar-size private equity funds in Maryland
- Brown Advisory Investors 2024 - RAHPF VI, LLLP$6.5M
- Ashwood 2026 Private Investment I - Zen Educate II$6.7M
- SMP Hampton Portfolio JV, LLC$7.3M
- Independent Access Partners Applied AI Venture Fund, LLC$5.9M
- Brown Advisory Investors 2025-CRC Retail Fund II, LLLP$8.1M
- Brown Advisory Investors 2026 - COF IV, LLLP$5.7M