AltMountain

Skip I, LLC

Jacksonville, FL · CIK 1704469
Status: no Form D since May 2017. 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.

Skip I, LLC is a private investment fund based in Jacksonville, Florida. According to its most recent Form D, filed May 10, 2017, it has sold $4,250,000 of interests to 11 investors since its first sale in May 2017. 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 Brinkmere Capital Management I, LP; Franklin Beard, Jr.

Total raised
$4,250,000Cumulative sales reported on Form D
Investors
11
First sale
May 1, 2017
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
Brinkmere Capital Management I, LP; Franklin Beard, Jr
Latest Form D
May 10, 2017

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 Skip I, LLC

What is the minimum investment for Skip I, LLC?

Skip I, LLC's latest Form D, filed May 10, 2017, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Skip I, LLC?

Skip I, 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 Skip I, LLC raised?

Skip I, LLC reports $4,250,000 sold from 11 investors on its Form D filed May 10, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Skip I, LLC based?

Skip I, LLC is based in Jacksonville, Florida.

When did Skip I, LLC launch?

Skip I, LLC reports its first sale in May 2017.

Size compared with every private investment fund

Raised more than 58% of the 860 private investment funds based in Florida, and more than 29% of all 10,255 that report sales.

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