SEC filing record
Primary Source · SEC.gov

DLP Fixed Fund 3 LLC

Fund Vehicle2020 vintage506(b)

Raised

Pre-open

Investors

—

Min Invest

$10,000

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AltStreet Analysis

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Generated from EDGAR primary sources

DLP Fixed Fund 3 LLC is a Delaware-organized debt fund vehicle that filed a Form D under the 506(b) exemption on 2020-09-29, listing Donald Wenner as the sole related executive officer. The filing is pre-open, with no total amount sold, investor count, or first sale date disclosed, and a stated minimum investment of $10,000. No parent platform or related sibling entities are currently matched in the database.

This filing sits in the private debt segment of the alternative investment landscape, using the common 506(b) exemption pathway that restricts general solicitation and typically targets accredited or pre-existing relationship investors. A $10K minimum investment is relatively low for a 506(b) debt offering, suggesting a retail-leaning accredited investor base rather than institutional capital.

Data Flags

generalFiling is pre-open with no first sale date, total amount sold, or investor count disclosed, consistent with a newly registered fund that had not yet begun accepting capital at time of filing.
industryGroupIndustry group is not specified on the filing, limiting sector classification despite the fund name suggesting real estate debt focus.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001826366
Entity NameDLP Fixed Fund 3 LLC
ExemptionRule 506(b)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Issuer Address605 Palencia Drive, St. Augustine, FL 32095
Phone(610) 488-2375
Industry / Fund TypePooled Investment Fund · Other Investment Fund
Securities TypeDebt
First Sale DateNot yet occurred (as filed)
Filing DateSeptember 29, 2020
Accession Number0001567619-20-017170
Total Offering Amount$5,000,000
Total Amount Sold$0 (no sales yet)
Amount Remaining$5,000,000
Total Investors0 (no sales yet)
Non-Accredited InvestorsYes
Minimum Investment$10,000
Offering DurationOne year or less
Net Asset Value RangeDecline to Disclose
State (Issuer Address)FL
Amendment CountOriginal filing only

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

In the Terminal

Filing events

0

none on file

Critical / warning

0 / 0

0 watch · 0 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

pre_sale

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Fund family Part of the DLP Fixed Fund family: 3 vehicles across 3 generations · full family and the filing behind each link in the terminal

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Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Donald Wenner

Executive Officer · St Augustine, FL

Questions About DLP Fixed Fund 3 LLC

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is DLP Fixed Fund 3 LLC?

DLP Fixed Fund 3 LLC is a Delaware limited liability company that filed a Form D with the SEC on September 29, 2020 as a other investment fund. The filing claims Rule 506(b) for an offering of debt.

Is DLP Fixed Fund 3 LLC legit?

AltStreet does not rate legitimacy; it reports the public record. DLP Fixed Fund 3 LLC filed a Form D with the SEC on September 29, 2020 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. No sales had been reported as of that notice. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is DLP Fixed Fund 3 LLC registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that DLP Fixed Fund 3 LLC claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has DLP Fixed Fund 3 LLC raised?

DLP Fixed Fund 3 LLC reported that the first sale had not yet occurred as of the Form D filed September 29, 2020, so no amount sold or investor count is on file. The total offering amount is $5,000,000.

Who can invest in DLP Fixed Fund 3 LLC?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports non-accredited investors. The minimum investment accepted from an outside investor is $10,000.

What is the minimum investment in DLP Fixed Fund 3 LLC?

The Form D lists $10,000 as the minimum investment accepted from any outside investor as of September 29, 2020. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling DLP Fixed Fund 3 LLC and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly.

Who is behind DLP Fixed Fund 3 LLC?

The Form D lists 1 related person: Donald R Wenner, executive officer. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is DLP Fixed Fund 3 LLC located?

The issuer's address on its SEC filings is 605 Palencia Drive, St. Augustine, FL 32095. Its phone number of record is 610-488-2375. It is organized under the laws of Delaware.

How long is the DLP Fixed Fund 3 LLC offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

How large is DLP Fixed Fund 3 LLC?

The issuer declined to disclose its net asset value range on the Form D, which the form permits.

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.