Balestra Global Ltd. is a hedge fund based in New York, New York. According to its most recent Form D, filed Nov 18, 2014, the fund has sold $397,413,000 of interests to 49 investors since its first sale in Feb 2006. The minimum investment it accepts from an outside investor is $100,000. 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 Geoff Ruddick; James Melcher.
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
- $397,413,000Cumulative sales reported on Form D
- Investors
- 49
- First sale
- Feb 1, 2006
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Geoff Ruddick; James Melcher
- Latest Form D
- Nov 18, 2014
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 Balestra Global Ltd.
What is the minimum investment for Balestra Global Ltd.?
According to its latest Form D, filed Nov 18, 2014, the minimum investment Balestra Global Ltd. accepts from an outside investor is $100,000.
Who can invest in Balestra Global Ltd.?
Balestra Global 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). It uses Rule 506(b), which does not allow general advertising.
How much has Balestra Global Ltd. raised?
Balestra Global Ltd. reports $397,413,000 sold from 49 investors on its Form D filed Nov 18, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Balestra Global Ltd. based?
Balestra Global Ltd. is based in New York, New York.
When did Balestra Global Ltd. launch?
Balestra Global Ltd. reports its first sale in Feb 2006.
Size compared with every hedge fund
Raised more than 77% of the 2,524 hedge funds based in New York, and more than 79% of all 10,128 that report sales.