Fund family · SEC Form D record

Commerce funds

Commerce has 7 vehicles on the SEC Form D record, in 3 numbered generations, filed from 2020 to 2025. The newest is Commerce 635 III, LLC, first filed Oct 13, 2020.

Vehicles
7
Numbered generations
3
First filing
2020
Latest filing
Jan 27, 2025

Names, dates and status as filed on SEC EDGAR. A Form D is a notice of an exempt offering; the SEC does not review or approve it. Grouped by name; see the last question below.

Fund III

1 vehicle · first filed

VehicleSleeveFirst filedLatest filingFiling recordSEC
Commerce 635 III, LLCCIK 1828126Sold the stated amountEDGAR

Sold to date and investors

Unlock in the terminal (Investor)

Fund II

2 vehicles · first filed · latest filing

VehicleSleeveFirst filedLatest filingFiling recordSEC
Commerce 635 II, LLCCIK 1843796Sold the stated amountEDGAR
Commerce 75 B2, Inc.CIK 1910089Sold the stated amountEDGAR

Sold to date and investors

Unlock in the terminal (Investor)

Fund I

3 vehicles · first filed · latest filing

VehicleSleeveFirst filedLatest filingFiling recordSEC
Commerce 635 I, LLCCIK 1843798Sold the stated amountEDGAR
Commerce 75 B1, Inc.CIK 1843799Sold the stated amountEDGAR
1 Commerce, Inc.CIK 2053656Sold the stated amountEDGAR

Sold to date and investors

Unlock in the terminal (Investor)

Unnumbered

1 vehicle · first filed

VehicleSleeveFirst filedLatest filingFiling recordSEC
Commerce 635, Inc.CIK 1802870Sold the stated amountEDGAR

Sold to date and investors

Unlock in the terminal (Investor)

Questions about the Commerce funds

How many Commerce funds are there?
The SEC Form D record shows 7 vehicles in 3 numbered generations, the earliest filed Feb 12, 2020 and the latest filing on Jan 27, 2025. By generation: Fund III (Commerce 635 III, LLC, first filed Oct 13, 2020); Fund II (2 vehicles, first filed Feb 8, 2021); Fund I (3 vehicles, first filed Feb 8, 2021).
What is the latest Commerce fund?
Commerce 635 III, LLC, which first filed a Form D on Oct 13, 2020. Its own page carries the filed terms, the people named on the form and every filing on EDGAR.
Who is the adviser to the Commerce funds?
AltStreet has not joined a Form ADV adviser to this family's Form D filings. The adviser, if any, appears in each fund's offering documents, which a Form D does not include.
How much have the Commerce funds raised?
Each vehicle reports an amount sold and an investor count on its latest Form D or amendment, and those figures are on each vehicle's entity page. The totals by generation are in the AltStreet Terminal (Investor), where master and parallel sleeves that report one family-wide figure are counted once.
How does AltStreet group these funds into a family?
By name: the base name minus the fund number, sleeve letters, jurisdiction and legal form, read from each issuer's Form D (lib/edgar/fundFamilies.ts). 'Fund IV' is generation 4; a vehicle whose name carries no number is listed as unnumbered. It is a name-based grouping, not a statement of common control; the filings on each entity page show the related persons as filed.