Ashcroft Fund II

Ashcroft Fund II

Rental Property Investor · Chicago, IL · Member since 2020 · 11 posts · 13 votes

Well, I invested in Ashcroft Fund II and it is a total loss. In addition, no one answers the phone when you call Ashcroft. I have emailed and left voicemails a week ago and no one has gotten back to me. Have they fired all their Investor Relations staff? It's like the entire staff including Joe Fairless has disappeared.

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  • Don KonipolBusiness Member
    Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
    4w

    I am totally unfamiliar with this fund. Would you be willing to share more information about how you came to invest in it, what has transpired since, and why you think it’s a total loss? Have they issued a balance sheet or other financial statements? Have you been in contact with other investors in the fund? Was the offering a Reg D compliant offering?

    Private Mortgage Financing Partners, LLC
  • Real Estate Investor · Memphis, TN · Member since 2016 · 417 posts · 140 votes
    4w

    Thats interesting, on Ashcroftcapital.com they have too much going on to just ghost you like that. How long has it been since you placed your investment? what was the expectation?

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