SC Re-Development Partners LLC
SC Re-Development Partners LLC is a venture capital fund based in Simpsonville, South Carolina. According to its most recent Form D, filed Mar 11, 2015, it has sold $1,250,000 of interests to 2 investors since its first sale in Feb 2015. The minimum investment it accepts from an outside investor is $250,000. 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. Related persons named in the filing include Erik Weir.
- Total raised
- $1,250,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Feb 27, 2015
- Minimum investment
- $250,000
- 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
- Erik Weir
- Latest Form D
- Mar 11, 2015
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 SC Re-Development Partners LLC
What is the minimum investment for SC Re-Development Partners LLC?
According to its latest Form D, filed Mar 11, 2015, the minimum investment SC Re-Development Partners LLC accepts from an outside investor is $250,000.
Who can invest in SC Re-Development Partners LLC?
SC Re-Development 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 SC Re-Development Partners LLC raised?
SC Re-Development Partners LLC reports $1,250,000 sold from 2 investors on its Form D filed Mar 11, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is SC Re-Development Partners LLC based?
SC Re-Development Partners LLC is based in Simpsonville, South Carolina.
When did SC Re-Development Partners LLC launch?
SC Re-Development Partners LLC reports its first sale in Feb 2015.
Size compared with every venture capital fund
Raised more than 75% of the 8 venture capital funds based in South Carolina, and more than 64% of all 14,732 that report sales.