Mag Lender LLC is a private equity fund based in New York, New York. According to its most recent Form D, filed Oct 21, 2026, it has sold $30,000,000 of interests to 4 investors since its first sale in Sep 2026. 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 Connor Dougherty; Lily Yarborough.
- Total raised
- $30,000,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Sep 24, 2026
- 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
- Connor Dougherty; Lily Yarborough
- Latest Form D
- Oct 21, 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 Mag Lender LLC
What is the minimum investment for Mag Lender LLC?
Mag Lender LLC's latest Form D, filed Oct 21, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Mag Lender LLC?
Mag Lender 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 Mag Lender LLC raised?
Mag Lender LLC reports $30,000,000 sold from 4 investors on its Form D filed Oct 21, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Mag Lender LLC based?
Mag Lender LLC is based in New York, New York.
When did Mag Lender LLC launch?
Mag Lender LLC reports its first sale in Sep 2026, 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 66% of the 3,770 private equity funds based in New York, and more than 57% of all 9,142 that report sales.