Avendus Enhanced Return Fund is a private equity fund based in Mumbai, India. According to its most recent Form D, filed Feb 27, 2019, it has sold $4,000,564 of interests to 18 investors since its first sale in Dec 2017. The filing does not set a minimum investment. 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 Bhautik Ambani.
- Total raised
- $4,000,564Cumulative sales reported on Form D
- Investors
- 18
- First sale
- Dec 15, 2017
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Bhautik Ambani
- Latest Form D
- Feb 27, 2019
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 Enhanced Return Fund
What is the minimum investment for Avendus Enhanced Return Fund?
Avendus Enhanced Return Fund's latest Form D, filed Feb 27, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Avendus Enhanced Return Fund?
Avendus Enhanced 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 Enhanced Return Fund raised?
Avendus Enhanced Return Fund reports $4,000,564 sold from 18 investors on its Form D filed Feb 27, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Avendus Enhanced Return Fund based?
Avendus Enhanced Return Fund is based in Mumbai, India.
When did Avendus Enhanced Return Fund launch?
Avendus Enhanced Return Fund reports its first sale in Dec 2017.
Size compared with every private equity fund
Raised more than 56% of the 16 private equity funds based in India, and more than 32% of all 8,896 that report sales.