Bennett Offshore Restructuring Fund, Inc. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jun 8, 2018, the fund has sold $354,742,528 of interests to 77 investors since its first sale in Jan 1996. The minimum investment it accepts from an outside investor is $50,000. 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 J. Dennis Hunter; Karla Bodden; James Bennett.
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
- $354,742,528Cumulative sales reported on Form D
- Investors
- 77
- First sale
- Jan 1, 1996
- Minimum investment
- $50,000
- 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
- J. Dennis Hunter; Karla Bodden; James Bennett
- Latest Form D
- Jun 8, 2018
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 Bennett Offshore Restructuring Fund, Inc.
What is the minimum investment for Bennett Offshore Restructuring Fund, Inc.?
According to its latest Form D, filed Jun 8, 2018, the minimum investment Bennett Offshore Restructuring Fund, Inc. accepts from an outside investor is $50,000.
Who can invest in Bennett Offshore Restructuring Fund, Inc.?
Bennett Offshore Restructuring Fund, Inc. 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 Bennett Offshore Restructuring Fund, Inc. raised?
Bennett Offshore Restructuring Fund, Inc. reports $354,742,528 sold from 77 investors on its Form D filed Jun 8, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Bennett Offshore Restructuring Fund, Inc. based?
Bennett Offshore Restructuring Fund, Inc. is based in Grand Cayman, Cayman Islands.
When did Bennett Offshore Restructuring Fund, Inc. launch?
Bennett Offshore Restructuring Fund, Inc. reports its first sale in Jan 1996.
Size compared with every hedge fund
Raised more than 70% of the 2,342 hedge funds based in Cayman Islands, and more than 77% of all 10,127 that report sales.