Blue Basin Fund LLC
Blue Basin Fund LLC is a hedge fund based in Pompano Beach, Florida. According to its most recent Form D, filed Dec 31, 2014, the fund has sold $1,020,022 of interests to 6 investors since its first sale in Jan 2014. The minimum investment it accepts from an outside investor is $100,000. 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 Edward Tolson; Blue Basin Capital Management LLC.
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
- $1,020,022Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Jan 1, 2014
- Minimum investment
- $100,000
- 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
- Edward Tolson; Blue Basin Capital Management LLC
- Latest Form D
- Dec 31, 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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Dec 31, 2014 | Amendment | $1,020,022 | 6 | SEC.gov ↗ |
| Jan 9, 2014 | First notice | $0 | 0 | SEC.gov ↗ |
2 Form D filings in the SEC's electronic records (2008 onward), the earliest on Jan 9, 2014. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about Blue Basin Fund LLC
What is the minimum investment for Blue Basin Fund LLC?
According to its latest Form D, filed Dec 31, 2014, the minimum investment Blue Basin Fund LLC accepts from an outside investor is $100,000.
Who can invest in Blue Basin Fund LLC?
Blue Basin Fund 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 Blue Basin Fund LLC raised?
Blue Basin Fund LLC reports $1,020,022 sold from 6 investors on its Form D filed Dec 31, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Blue Basin Fund LLC based?
Blue Basin Fund LLC is based in Pompano Beach, Florida.
When did Blue Basin Fund LLC launch?
Blue Basin Fund LLC reports its first sale in Jan 2014.
Size compared with every hedge fund
Raised more than 26% of the 741 hedge funds based in Florida, and more than 6% of all 10,140 that report sales.