Ascent Event Driven Fund
Ascent Event Driven Fund is a hedge fund organized in New York, United States and advised by Summit Trail Advisors, LLC. Its adviser reported $201,604,247 in gross assets for the fund on Form ADV, filed Oct 11, 2024. It reported 218 beneficial owners. The minimum investment it accepts is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. It invests in other private funds (a fund of funds).
- Gross assets
- $201,604,247As reported on Form ADV
- Beneficial owners
- 218
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Hedge fund
- Domicile
- New York, United States
- Auditor
- Grant Thornton LLP
- Administrator
- UMB Fund Services
- Custodian
- Pershing LLC
- Adviser
- Summit Trail Advisors, LLC · New York, NY · CRD 220519
- Reported on
- Oct 11, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Ascent Event Driven Fund
What is the minimum investment for Ascent Event Driven Fund?
According to its adviser's Form ADV filed Oct 11, 2024, the minimum investment Ascent Event Driven Fund accepts is $250,000.
Who can invest in Ascent Event Driven Fund?
Ascent Event Driven Fund 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 large is Ascent Event Driven Fund?
Its adviser reported $201,604,247 in gross assets on Form ADV filed Oct 11, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Ascent Event Driven Fund?
Ascent Event Driven Fund is advised by Summit Trail Advisors, LLC, based in New York, NY.
Who are Ascent Event Driven Fund's service providers?
Its Form ADV lists Grant Thornton LLP as auditor and UMB Fund Services as administrator.