AltMountain

Ruby Sand Partners LLC

Status: no Form D since Apr 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Ruby Sand Partners LLC is a private investment fund based in Sausalito, California. According to its most recent Form D, filed Apr 26, 2021, it has sold $2,489,788 of interests to 12 investors since its first sale in Apr 2021. 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. Related persons named in the filing include Alexei Chemenda; None Black Sand Partners X MGMT LLC.

Total raised
$2,489,788Cumulative sales reported on Form D
Investors
12
First sale
Apr 15, 2021
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
Alexei Chemenda; None Black Sand Partners X MGMT LLC
Latest Form D
Apr 26, 2021

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 Ruby Sand Partners LLC

What is the minimum investment for Ruby Sand Partners LLC?

Ruby Sand Partners LLC's latest Form D, filed Apr 26, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Ruby Sand Partners LLC?

Ruby Sand Partners 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 Ruby Sand Partners LLC raised?

Ruby Sand Partners LLC reports $2,489,788 sold from 12 investors on its Form D filed Apr 26, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Ruby Sand Partners LLC based?

Ruby Sand Partners LLC is based in Sausalito, California.

When did Ruby Sand Partners LLC launch?

Ruby Sand Partners LLC reports its first sale in Apr 2021.

Size compared with every private investment fund

Raised more than 43% of the 1,702 private investment funds based in California, and more than 23% of all 10,212 that report sales.

Other programs from Black Sand Partners X MGMT LLC

All 5 funds from this sponsor

More private investment funds in Sausalito

Similar-size private investment funds in California

All private investment funds in California