Form D · Other Investment Fund

BANKERS SOUTH HIGH YIELD FUND B, LLC

Lakeland, FL · CIK 0001626958

Offering snapshot reported Apr 21, 2017 · SEC filing

Reported sold
$2.84M
Offering amount: $100M
Investors reported
13
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Aug 1, 2014
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$1.96M$3.91MDec 4, 2014: $3,514,352.00Dec 4, 2014Nov 20, 2015: $3,914,352.00Nov 20, 2015Nov 20, 2015: $3,914,352.00Apr 26, 2016: $3,914,352.00Apr 26, 2016Apr 21, 2017: $2,839,352.00Apr 21, 2017

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$3,914,352 → $2,839,352

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Apr 21, 2017Amendment$2,839,352-$1,075,000vs Apr 26, 201613SEC filing
Apr 26, 2016Amendment$3,914,352$0vs Nov 20, 201513SEC filing
Nov 20, 2015Amendment$3,914,352$400,000vs Dec 4, 201413SEC filing
Nov 20, 2015Amendment$3,914,352$400,000vs Dec 4, 201413SEC filing
Dec 4, 2014Initial$3,514,352No comparison11SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$300K (estimated)
Finders' fees
$0
Form D file number
021-229423
A TOTAL OF $100,000,000 MAY BE OUTSTANDING AT ANY TIME
CLASS B LLC MEMBERSHIP INTERESTS
THE COMPANY MAY SELL SOME MEMBERSHIP INTERESTS THROUGH REGISTERED SECURITIES BROKERS/DEALERS AND MAY PAY COMMISSIONS OF NOT MORE THAN 5%. THE NUMBER OF SUCH SALES IS UNKNOWN, BUT THE AMOUNT ASSUMES A COMMISSION IS PAID ON A SUBSTANTIAL AMOUNT OF SALES.

Source: Form D, filed Apr 21, 2017. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

BANKERS SOUTH HIGH YIELD FUND B, LLC

Investment adviser: AGAMERICA LENDING LLC

Gross asset value
$2.71M
Beneficial owners
5
ADV minimum commitment
$100K

Reported in Form ADV on Mar 22, 2018. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

No provider names available in this fund's imported disclosure.

Provider details
Annual audit
No
Prime brokers
No
Custodians
No
Administrator other than the adviser
No
External marketing
No
Filing source

Form ADV 1188690 · Mar 22, 2018 · Schedule D 7.B.(1), fund 805-2312298015

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Robert F Harper, Iv Director, Executive
Mc Alpin T Miller Director, Executive
Brian G Philpot Director, Executive
Bryce J Philpot Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
4030 South Pipkin Road, Ste 100
Lakeland, FL, 33811