LM DNM SEED SPV 2026 Seeks Investment Company Act Exemption
On May 7, 2026, LM DNM SEED SPV 2026 A SERIES OF MASTER FUND I LLC filed a notice with the SEC, claiming exemption under Section 3(c)(1) of the Investment Company Act, according to SEC EDGAR. The filing, with Accession Number 0002124887-26-000002, is for Item 3C related to Section 3(c)(1).
Filing Details
The document is a Form D/A filing by LM DNM SEED SPV 2026 A SERIES OF MASTER FUND I LLC, with a CIK number of 0002124887, and it specifies Item 3C.1 as Section 3(c)(1). The file size is 8 KB, and it was submitted on the specified date. Section 3(c)(1) pertains to exemptions for certain investment companies, as noted in the filing.
Regulatory Context
As a widely-known provision, Section 3(c)(1) of the Investment Company Act exempts private funds from registration if they have fewer than 100 beneficial owners. This filing by LM DNM SEED SPV 2026 aligns with such exemptions, according to SEC EDGAR.
Implications for Fund Managers
The filing indicates compliance with SEC requirements for this entity, which is part of Master Fund I LLC. As context, such filings are routine for emerging fund managers navigating regulatory frameworks, though details are limited to those in the source.