Alternative Fund LLC
Alternative Fund LLC is a hedge fund based in Morristown, New Jersey. According to its most recent Form D, filed Mar 5, 2010, the fund has sold $70,000,000 of interests to 39 investors since its first sale in Jan 2005. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include The Mde Group Inc; Mitchell Eichen; Glenn Myers.
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
- $70,000,000Cumulative sales reported on Form D
- Investors
- 39
- First sale
- Jan 1, 2005
- Minimum investment
- $1,000,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Other exemption
- Net asset value range
- $50,000,001 - $100,000,000Self-reported
- Key people and entities
- The Mde Group Inc; Mitchell Eichen; Glenn Myers
- Latest Form D
- Mar 5, 2010
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 Alternative Fund LLC
What is the minimum investment for Alternative Fund LLC?
According to its latest Form D, filed Mar 5, 2010, the minimum investment Alternative Fund LLC accepts from an outside investor is $1,000,000.
Who can invest in Alternative Fund LLC?
Alternative Fund LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1).
How much has Alternative Fund LLC raised?
Alternative Fund LLC reports $70,000,000 sold from 39 investors on its Form D filed Mar 5, 2010. This is cumulative sales since the offering began, not current assets or performance.
Where is Alternative Fund LLC based?
Alternative Fund LLC is based in Morristown, New Jersey.
When did Alternative Fund LLC launch?
Alternative Fund LLC reports its first sale in Jan 2005.
Size compared with every hedge fund
Raised more than 73% of the 211 hedge funds based in New Jersey, and more than 52% of all 10,129 that report sales.