Avesta Fund LTD is a hedge fund based in Nassau, Bahamas. According to its most recent Form D, filed Nov 24, 2010, the fund has sold $2,026,755,600 of interests to 45 investors since its first sale in Sep 2002. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include Wendell Fowler; Alan Cole; Owen Bethel.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $2,026,755,600Cumulative sales reported on Form D
- Investors
- 45
- First sale
- Sep 1, 2002
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- Wendell Fowler; Alan Cole; Owen Bethel
- Latest Form D
- Nov 24, 2010
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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Avesta Fund LTD
What is the minimum investment for Avesta Fund LTD?
Avesta Fund LTD's latest Form D, filed Nov 24, 2010, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Avesta Fund LTD?
Avesta Fund LTD 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 much has Avesta Fund LTD raised?
Avesta Fund LTD reports $2,026,755,600 sold from 45 investors on its Form D filed Nov 24, 2010. This is cumulative sales since the offering began, not current assets or performance.
Where is Avesta Fund LTD based?
Avesta Fund LTD is based in Nassau, Bahamas.
When did Avesta Fund LTD launch?
Avesta Fund LTD reports its first sale in Sep 2002.
Size compared with every hedge fund
Raised more than 86% of the 7 hedge funds based in Bahamas, and more than 95% of all 10,143 that report sales.