Avendus Absolute Return Fund is a private equity fund based in Mumbai, India. According to its most recent Form D, filed Jul 10, 2024, it has sold $9,931,162 of interests to 27 investors since its first sale in Mar 2017. The minimum investment it accepts from an outside investor is $119,942. 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 Andrew Holland.
- Total raised
- $9,931,162Cumulative sales reported on Form D
- Investors
- 27
- First sale
- Mar 10, 2017
- Minimum investment
- $119,942
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Andrew Holland
- Latest Form D
- Jul 10, 2024
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 Avendus Absolute Return Fund
What is the minimum investment for Avendus Absolute Return Fund?
According to its latest Form D, filed Jul 10, 2024, the minimum investment Avendus Absolute Return Fund accepts from an outside investor is $119,942.
Who can invest in Avendus Absolute Return Fund?
Avendus Absolute Return 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 Avendus Absolute Return Fund raised?
Avendus Absolute Return Fund reports $9,931,162 sold from 27 investors on its Form D filed Jul 10, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Avendus Absolute Return Fund based?
Avendus Absolute Return Fund is based in Mumbai, India.
When did Avendus Absolute Return Fund launch?
Avendus Absolute Return Fund reports its first sale in Mar 2017.
Size compared with every private equity fund
Raised more than 69% of the 16 private equity funds based in India, and more than 42% of all 8,864 that report sales.