Form D · Other Investment Fund

Prism Alt Income Fund, LLC

Scottsdale, AZ · CIK 0001695104

Offering snapshot reported Jun 21, 2019 · SEC filing

Reported sold: $16.8M
Investors reported: 91
Minimum accepted: $25K
First sale: Mar 10, 2017

Fundraising history

Reported sold

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$25,882,005 → $16,793,346

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jun 21, 2019	Amendment	$16,793,346	-$9,088,659vs Feb 5, 2019	91	SEC filing
Feb 5, 2019	Amendment	$25,882,005	-$604,650vs Feb 6, 2018	91	SEC filing
Feb 6, 2018	Amendment	$26,486,655	No comparison	42	SEC filing
Feb 6, 2017	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund, Other
Exemptions: 06b, 3C, 3C.1
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-280129

Secured Notes

Source: Form D, filed Jun 21, 2019. 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

PRISM ALT INCOME FUND, LLC

Investment adviser: PRISM CAPITAL ADVISORS, LLC

Gross asset value: $21.5M
Beneficial owners: 70
ADV minimum commitment: $25K

Reported in Form ADV on Aug 7, 2017. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator GEMINI FUND SERVICES, LLC HAUPPAGUE, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KAUFFMAN ROSSIN MIAMI, Florida, United States

Custodian BMO HARRIS FINANCIAL ADVISORS, INC. CHICAGO, Illinois, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

BMO HARRIS FINANCIAL ADVISORS, INC.
SEC 8-67064

Filing source

Form ADV 1132590 · Aug 7, 2017 · Schedule D 7.B.(1), fund 805-3726680072

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
Name	Reported role
N/A Pl Prism Management, Llc	Promoter
N/A Prism Management Group Llc	Promoter
Thomas Radic	Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

7114 E. Stetson Dr. Suite 400
Scottsdale, AZ, 85251