518am Funds SPC is a private investment fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Mar 18, 2024, it has sold $100,000 of interests to 1 investor since its first sale in Mar 2024. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Mohit Dhawan; Daniel Kasinski; Steven Slessor.
- Total raised
- $100,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Mar 7, 2024
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Net asset value range
- $1 - $5,000,000Self-reported
- Key people and entities
- Mohit Dhawan; Daniel Kasinski; Steven Slessor
- Latest Form D
- Mar 18, 2024
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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 518am Funds SPC
What is the minimum investment for 518am Funds SPC?
According to its latest Form D, filed Mar 18, 2024, the minimum investment 518am Funds SPC accepts from an outside investor is $100,000.
Who can invest in 518am Funds SPC?
518am Funds SPC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has 518am Funds SPC raised?
518am Funds SPC reports $100,000 sold from 1 investor on its Form D filed Mar 18, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is 518am Funds SPC based?
518am Funds SPC is based in Grand Cayman, Cayman Islands.
When did 518am Funds SPC launch?
518am Funds SPC reports its first sale in Mar 2024.
Size compared with every private investment fund
Raised more than 22% of the 578 private investment funds based in Cayman Islands, and more than 2% of all 10,333 that report sales.