AltMountain

Bernstein Advanced Value L.P.

New York, NY · CIK 1043621
Status: no Form D since Mar 2022. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Bernstein Advanced Value L.P. is a hedge fund based in New York, New York. According to its most recent Form D, filed Mar 18, 2022, the fund has sold $618,069,030 of interests to 372 investors since its first sale in Jul 1997. 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 AllianceBernstein Advanced Value Management L.P; AllianceBernstein L.P.

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
$618,069,030Cumulative sales reported on Form D
Investors
372
First sale
Jul 1, 1997
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
AllianceBernstein Advanced Value Management L.P; AllianceBernstein L.P
Latest Form D
Mar 18, 2022

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 Bernstein Advanced Value L.P.

What is the minimum investment for Bernstein Advanced Value L.P.?

Bernstein Advanced Value L.P.'s latest Form D, filed Mar 18, 2022, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Bernstein Advanced Value L.P.?

Bernstein Advanced Value L.P. 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 Bernstein Advanced Value L.P. raised?

Bernstein Advanced Value L.P. reports $618,069,030 sold from 372 investors on its Form D filed Mar 18, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Bernstein Advanced Value L.P. based?

Bernstein Advanced Value L.P. is based in New York, New York.

When did Bernstein Advanced Value L.P. launch?

Bernstein Advanced Value L.P. reports its first sale in Jul 1997.

Size compared with every hedge fund

Raised more than 82% of the 2,522 hedge funds based in New York, and more than 84% of all 10,118 that report sales.

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