Ascend Legend Fund, LTD.

Offshore

Status: no Form D since Feb 2017. 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.

Ascend Legend Fund, LTD. is a hedge fund based in Hamilton, Bermuda. According to its most recent Form D, filed Feb 13, 2017, the fund has sold $23,097,735 of interests to 2 investors since its first sale in Feb 2013. 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. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Malcolm Fairbairn; Ascend Capital, LLC; David Bree.

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: $23,097,735Cumulative sales reported on Form D
Investors: 2
First sale: Feb 1, 2013
Minimum investment: $100,000
Who can invest: Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption: Rule 506(b)No general advertising
Key people and entities: Malcolm Fairbairn; Ascend Capital, LLC; David Bree
Latest Form D: Feb 13, 2017

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

Raise history

Filed	Filing	Total raised	Investors	Source
Feb 13, 2017	Amendment	$23,097,735	2	SEC.gov ↗
Feb 12, 2016	Amendment	$3,300,000	1	SEC.gov ↗
Feb 12, 2015	Amendment	$3,300,000	1	SEC.gov ↗
Feb 18, 2014	Amendment	$3,300,000	1	SEC.gov ↗

4 Form D filings in the SEC's electronic records (2008 onward), the earliest on Feb 18, 2014. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.

Questions about Ascend Legend Fund, LTD.

What is the minimum investment for Ascend Legend Fund, LTD.?

According to its latest Form D, filed Feb 13, 2017, the minimum investment Ascend Legend Fund, LTD. accepts from an outside investor is $100,000.

Who can invest in Ascend Legend Fund, LTD.?

Ascend Legend 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). It uses Rule 506(b), which does not allow general advertising.

How much has Ascend Legend Fund, LTD. raised?

Ascend Legend Fund, LTD. reports $23,097,735 sold from 2 investors on its Form D filed Feb 13, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Ascend Legend Fund, LTD. based?

Ascend Legend Fund, LTD. is based in Hamilton, Bermuda.

When did Ascend Legend Fund, LTD. launch?

Ascend Legend Fund, LTD. reports its first sale in Feb 2013.