UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): March 5, 2010
Macquarie
Equipment Leasing Fund, LLC
(Exact
name of registrant as specified in its charter)
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Delaware
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333-154278
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26-3291543
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(State
or Other Jurisdiction of Incorporation)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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225 Franklin St., 17th Floor, Suite 1700, Boston,
MA
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02110
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(Address
of principal executive offices)
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(Zip
Code)
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(617) 457-0645
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(Registrant's
telephone number, including area code)
(Former
name or former address, if changed since last report)
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Check the
appropriate box if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see
General Instruction A.2. below):
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
1
Item
8.01. Other Events.
Status
of the Fund’s Offering
The
initial closing date for the Fund was March 5, 2010, the date on which the Fund
raised at least $2,500,000 and reached the minimum offering
amount. As of March 5, 2010, 290,509 shares have been sold to 60
members, representing $2,837,350 of capital contributions to the
Fund. The Fund has not yet reached the $7,500,000 minimum offering
for the Commonwealth of Pennsylvania.
Distributions
The Fund
will begin making monthly cash distributions on April 15, 2010. On that date and
for each full month thereafter, the monthly distribution rate will be $0.0666667
per share, which is equivalent to an 8.00% annual distribution rate based on a
share price of $10.00 per share.
From time
to time the Fund’s Manager may vary the amount of, or completely suspend, cash
distributions to investors if it believes it to be in the best interests of the
Fund to do so. Losses from Fund investments or unavailability of liquid assets
may also result in reductions or suspensions of distributions.
Furthermore:
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·
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During
the liquidation period, cash distributions may be irregular while fund
investments are being disposed; and
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·
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Large
returns of capital during the life of the Fund will reduce the cash
available for future distributions.
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While the
Manager anticipates making monthly cash distributions, it may suspend making
distributions at any time and without notice. Thus, investors should
not rely on the cash distributions on their shares as a regular source of
cash.
2
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
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MACQUARIE
EQUIPMENT LEASING FUND, LLC
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Date: March
5, 2010
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By: /s/ Duncan
Edghill
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Duncan
Edghill
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Vice
President of the Manager
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3