AltMountain

Abrax (US) LP

Grand Cayman, Cayman Islands · CIK 1714227
Offshore
Status: no Form D since Aug 2018. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Abrax (US) LP is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Aug 23, 2018, the fund has sold $1,072,673 of interests to 1 investor since its first sale in Aug 2017. The minimum investment it accepts from an outside investor is $50,000. 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 Abrax Merger Arbitrage Cayman Ltd; David Litton; AUM Asset Management Ltd.

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
$1,072,673Cumulative sales reported on Form D
Investors
1
First sale
Aug 1, 2017
Minimum investment
$50,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Abrax Merger Arbitrage Cayman Ltd; David Litton; AUM Asset Management Ltd
Latest Form D
Aug 23, 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 Abrax (US) LP

What is the minimum investment for Abrax (US) LP?

According to its latest Form D, filed Aug 23, 2018, the minimum investment Abrax (US) LP accepts from an outside investor is $50,000.

Who can invest in Abrax (US) LP?

Abrax (US) LP 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 Abrax (US) LP raised?

Abrax (US) LP reports $1,072,673 sold from 1 investor on its Form D filed Aug 23, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Abrax (US) LP based?

Abrax (US) LP is based in Grand Cayman, Cayman Islands.

When did Abrax (US) LP launch?

Abrax (US) LP reports its first sale in Aug 2017.

Size compared with every hedge fund

Raised more than 13% of the 2,344 hedge funds based in Cayman Islands, and more than 6% of all 10,129 that report sales.

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