Avendus Absolute Return Fund
Avendus Absolute Return Fund is a hedge fund organized in India and advised by Avendus Capital Public Markets Alternate Strategies LLP. Its adviser reported $130,282,268 in gross assets for the fund on Form ADV, filed Jun 26, 2024. It reported 278 beneficial owners, about 98% of it owned by non-U.S. persons. The minimum investment it accepts is $119,942. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $130,282,268As reported on Form ADV
- Beneficial owners
- 278
- Minimum investment
- $119,942
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Hedge fund
- Domicile
- India
- Auditor
- Deloitte Haskins & Sells LLP
- Administrator
- Standard Chartered Bank
- Custodian
- Standard Chartered Bank
- Adviser
- Avendus Capital Public Markets Alternate Strategies LLP · Mumbai, India · CRD 304174
- Reported on
- Jun 26, 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 Avendus Absolute Return Fund
What is the minimum investment for Avendus Absolute Return Fund?
According to its adviser's Form ADV filed Jun 26, 2024, the minimum investment Avendus Absolute Return Fund accepts is $119,942.
Who can invest in Avendus Absolute Return Fund?
Avendus Absolute Return Fund is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1).
How large is Avendus Absolute Return Fund?
Its adviser reported $130,282,268 in gross assets on Form ADV filed Jun 26, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Avendus Absolute Return Fund?
Avendus Absolute Return Fund is advised by Avendus Capital Public Markets Alternate Strategies LLP, based in Mumbai, India.
Who are Avendus Absolute Return Fund's service providers?
Its Form ADV lists Deloitte Haskins & Sells LLP as auditor and Standard Chartered Bank as administrator.