Axar Terra LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Aug 27, 2019, the fund has sold $34,030,369 of interests to 16 investors since its first sale in Feb 2018. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Axelrod Andrew.
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
- $34,030,369Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Feb 8, 2018
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Axelrod Andrew
- Latest Form D
- Aug 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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Axar Terra LLC
What is the minimum investment for Axar Terra LLC?
Axar Terra LLC's latest Form D, filed Aug 27, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Axar Terra LLC?
Axar Terra LLC 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). It uses Rule 506(b), which does not allow general advertising.
How much has Axar Terra LLC raised?
Axar Terra LLC reports $34,030,369 sold from 16 investors on its Form D filed Aug 27, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Axar Terra LLC based?
Axar Terra LLC is based in New York, New York.
When did Axar Terra LLC launch?
Axar Terra LLC reports its first sale in Feb 2018.
Size compared with every hedge fund
Raised more than 38% of the 2,525 hedge funds based in New York, and more than 39% of all 10,129 that report sales.