1609 Fund Ltd. is a hedge fund based in Hamilton, Bermuda. According to its most recent Form D, filed Feb 16, 2018, the fund has sold $409,792,276 of interests to 201 investors since its first sale in Dec 2013. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Pickwick Capital Partners, LLC; Paul Nealon; Thomas Libassi.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $409,792,276Cumulative sales reported on Form D
- Investors
- 201
- First sale
- Dec 30, 2013
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Pickwick Capital Partners, LLC; Paul Nealon; Thomas Libassi
- Latest Form D
- Feb 16, 2018
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 1609 Fund Ltd.
What is the minimum investment for 1609 Fund Ltd.?
According to its latest Form D, filed Feb 16, 2018, the minimum investment 1609 Fund Ltd. accepts from an outside investor is $250,000.
Who can invest in 1609 Fund Ltd.?
1609 Fund Ltd. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has 1609 Fund Ltd. raised?
1609 Fund Ltd. reports $409,792,276 sold from 201 investors on its Form D filed Feb 16, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is 1609 Fund Ltd. based?
1609 Fund Ltd. is based in Hamilton, Bermuda.
When did 1609 Fund Ltd. launch?
1609 Fund Ltd. reports its first sale in Dec 2013.
Size compared with every hedge fund
Raised more than 77% of the 100 hedge funds based in Bermuda, and more than 79% of all 10,127 that report sales.