Next Coast is a sponsor group of 6 issuers that PartnerFacts links to one sponsor (shared people, similar issuer names, shared management entity; automatic match from the filings), filing 10 Form D filings between Mar 2016 and Mar 2022.
What this means One team, 6 deal companies, about 6 years of track record in SEC filings. We link the companies because the same people or address appear on their forms — tap "Request a correction" if that is wrong.
Combined reported sold: $339.4M to 412 investors (latest filing per issuer). Industries as reported: Pooled Investment Fund (6). Issuers are based in TX (6).
What this means $339.4M raised across the group, about $824K per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.
Principal people: Charles Thomas Ball (6 issuers, director), Mike Smerklo (6 issuers, director), NCV GP II, L.p. (2 issuers, director, entity), NCV Upper-Tier GP II, LLC (2 issuers, director, entity), NCV ETA GP I, L.p. (1 issuer, director, entity) and 8 more.
What this means The person on the most companies is usually the one running the show; their page lists every deal.
Activity: 0 new offerings in the last 12 months; latest filing Mar 29, 2022.
What this means No new raise filed in the past year.
Adviser registration (Form ADV) on record: NEXT COAST VENTURES, LLC.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AZ, CA, DE, TX, WA), property records (NYC, FL, IL and TX counties) — none found.
What this means Nothing turned up where we looked (4 sources). That does not prove there is nothing — it means none was found in those sources on that date.
We compared 10 public filings for Next Coast and found 2 differences: 4 offerings changed their target amount between filings; 6 issuers use a registered-agent or shared-office address.
What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.