RSC Condominium Ventures 1, LP is a private equity fund based in Studio City, California. According to its most recent Form D, filed Jul 24, 2025, it has sold $9,180,000 of interests to 36 investors since its first sale in Jun 2025. The minimum investment it accepts from an outside investor is $1. 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 Michael Thom; RSC Asset Management Group, LLC; RSC Condominium Ventures GP 1, LLC.
- Total raised
- $9,180,000Cumulative sales reported on Form D
- Investors
- 36
- First sale
- Jun 30, 2025
- Minimum investment
- $1
- 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
- Michael Thom; RSC Asset Management Group, LLC; RSC Condominium Ventures GP 1, LLC
- Latest Form D
- Jul 24, 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 RSC Condominium Ventures 1, LP
What is the minimum investment for RSC Condominium Ventures 1, LP?
According to its latest Form D, filed Jul 24, 2025, the minimum investment RSC Condominium Ventures 1, LP accepts from an outside investor is $1.
Who can invest in RSC Condominium Ventures 1, LP?
RSC Condominium Ventures 1, LP 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 RSC Condominium Ventures 1, LP raised?
RSC Condominium Ventures 1, LP reports $9,180,000 sold from 36 investors on its Form D filed Jul 24, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is RSC Condominium Ventures 1, LP based?
RSC Condominium Ventures 1, LP is based in Studio City, California.
When did RSC Condominium Ventures 1, LP launch?
RSC Condominium Ventures 1, LP reports its first sale in Jun 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 66% of the 1,777 private equity funds based in California, and more than 41% of all 9,142 that report sales.