AltMountain

Ashoka Fund

Singapore, Singapore · CIK 1493584
Offshore
Status: no Form D since Oct 2020. 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.

Ashoka Fund is a private investment fund based in Singapore, Singapore. According to its most recent Form D, filed Oct 26, 2020, it has sold $293,249,900 of interests to 42 investors since its first sale in Nov 2009. 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 Syikin Jaffar; Rajesh Sachdeva; Vance Thurston.

Total raised
$293,249,900Cumulative sales reported on Form D
Investors
42
First sale
Nov 1, 2009
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
Syikin Jaffar; Rajesh Sachdeva; Vance Thurston
Latest Form D
Oct 26, 2020

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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Ashoka Fund

What is the minimum investment for Ashoka Fund?

According to its latest Form D, filed Oct 26, 2020, the minimum investment Ashoka Fund accepts from an outside investor is $100,000.

Who can invest in Ashoka Fund?

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

How much has Ashoka Fund raised?

Ashoka Fund reports $293,249,900 sold from 42 investors on its Form D filed Oct 26, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Ashoka Fund based?

Ashoka Fund is based in Singapore, Singapore.

When did Ashoka Fund launch?

Ashoka Fund reports its first sale in Nov 2009.

Size compared with every private investment fund

Raised more than 98% of the 40 private investment funds based in Singapore, and more than 83% of all 10,255 that report sales.

More private investment funds in Singapore

Similar-size private investment funds in Singapore

All private investment funds in Singapore