Il Se Developments, Inc.
Il Se Developments, Inc. is a private investment fund based in Danville, Illinois. According to its most recent Form D, filed Jan 10, 2024, it has sold $12,240,000 of interests to 28 investors since its first sale in Dec 2023. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Phil Muehl; Alan Decker; Paul Offutt.
- Total raised
- $12,240,000Cumulative sales reported on Form D
- Investors
- 28
- First sale
- Dec 15, 2023
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $5,000,001 - $25,000,000Self-reported
- Key people and entities
- Phil Muehl; Alan Decker; Paul Offutt
- Latest Form D
- Jan 10, 2024
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 Il Se Developments, Inc.
What is the minimum investment for Il Se Developments, Inc.?
According to its latest Form D, filed Jan 10, 2024, the minimum investment Il Se Developments, Inc. accepts from an outside investor is $100,000.
Who can invest in Il Se Developments, Inc.?
Il Se Developments, Inc. 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 Il Se Developments, Inc. raised?
Il Se Developments, Inc. reports $12,240,000 sold from 28 investors on its Form D filed Jan 10, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Il Se Developments, Inc. based?
Il Se Developments, Inc. is based in Danville, Illinois.
When did Il Se Developments, Inc. launch?
Il Se Developments, Inc. reports its first sale in Dec 2023.
Size compared with every private investment fund
Raised more than 44% of the 552 private investment funds based in Illinois, and more than 44% of all 10,212 that report sales.