Ascend Cl Fund, LTD. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Dec 12, 2012, the fund has sold $24,783,355 of interests to 5 investors since its first sale in Jan 2012. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include Malcolm Fairbairn; David Bree; Allison Nolan.
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
- $24,783,355Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Jan 3, 2012
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- Malcolm Fairbairn; David Bree; Allison Nolan
- Latest Form D
- Dec 12, 2012
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 Ascend Cl Fund, LTD.
What is the minimum investment for Ascend Cl Fund, LTD.?
According to its latest Form D, filed Dec 12, 2012, the minimum investment Ascend Cl Fund, LTD. accepts from an outside investor is $100,000.
Who can invest in Ascend Cl Fund, LTD.?
Ascend Cl 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).
How much has Ascend Cl Fund, LTD. raised?
Ascend Cl Fund, LTD. reports $24,783,355 sold from 5 investors on its Form D filed Dec 12, 2012. This is cumulative sales since the offering began, not current assets or performance.
Where is Ascend Cl Fund, LTD. based?
Ascend Cl Fund, LTD. is based in Grand Cayman, Cayman Islands.
When did Ascend Cl Fund, LTD. launch?
Ascend Cl Fund, LTD. reports its first sale in Jan 2012.
Size compared with every hedge fund
Raised more than 30% of the 2,342 hedge funds based in Cayman Islands, and more than 33% of all 10,127 that report sales.