Achievement Fund LLC is a hedge fund based in Chicago, Illinois. According to its most recent Form D, filed Nov 24, 2014, the fund has sold $804,052,000 of interests to 254 investors since its first sale in Sep 2012. The minimum investment it accepts from an outside investor is $10,000,000. 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 Joseph Scoby; Tomas Hricko; Achievement Asset Management LLC.
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
- $804,052,000Cumulative sales reported on Form D
- Investors
- 254
- First sale
- Sep 4, 2012
- Minimum investment
- $10,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Joseph Scoby; Tomas Hricko; Achievement Asset Management LLC
- Latest Form D
- Nov 24, 2014
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 Achievement Fund LLC
What is the minimum investment for Achievement Fund LLC?
According to its latest Form D, filed Nov 24, 2014, the minimum investment Achievement Fund LLC accepts from an outside investor is $10,000,000.
Who can invest in Achievement Fund LLC?
Achievement Fund LLC 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 Achievement Fund LLC raised?
Achievement Fund LLC reports $804,052,000 sold from 254 investors on its Form D filed Nov 24, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Achievement Fund LLC based?
Achievement Fund LLC is based in Chicago, Illinois.
When did Achievement Fund LLC launch?
Achievement Fund LLC reports its first sale in Sep 2012.
Size compared with every hedge fund
Raised more than 93% of the 318 hedge funds based in Illinois, and more than 87% of all 10,129 that report sales.