Nacl Island LLC is a private equity fund based in Houston, Texas. According to its most recent Form D, filed May 8, 2025, it has sold $14,459,836 of interests to 59 investors since its first sale in Sep 2023. The minimum investment it accepts from an outside investor is $150,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Bakers Creek Management LLC.
- Total raised
- $14,459,836Cumulative sales reported on Form D
- Investors
- 59
- First sale
- Sep 27, 2023
- Minimum investment
- $150,000
- 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
- Bakers Creek Management LLC
- Latest Form D
- May 8, 2025
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 Nacl Island LLC
What is the minimum investment for Nacl Island LLC?
According to its latest Form D, filed May 8, 2025, the minimum investment Nacl Island LLC accepts from an outside investor is $150,000.
Who can invest in Nacl Island LLC?
Nacl Island 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 Nacl Island LLC raised?
Nacl Island LLC reports $14,459,836 sold from 59 investors on its Form D filed May 8, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Nacl Island LLC based?
Nacl Island LLC is based in Houston, Texas and is managed by Leggett Ventures.
When did Nacl Island LLC launch?
Nacl Island LLC reports its first sale in Sep 2023, 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 70% of the 1,472 private equity funds based in Texas, and more than 47% of all 9,142 that report sales.