BUILDERS UNION FUND Ltd is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Sep 27, 2022, the fund has sold $50,000,000 of interests to 2 investors since its first sale in Aug 2019. 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 Builders Union Asset Management Limited; Builders Union LLP.
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
- $50,000,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Aug 1, 2019
- 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
- Builders Union Asset Management Limited; Builders Union LLP
- Latest Form D
- Sep 27, 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 BUILDERS UNION FUND Ltd
What is the minimum investment for BUILDERS UNION FUND Ltd?
According to its latest Form D, filed Sep 27, 2022, the minimum investment BUILDERS UNION FUND Ltd accepts from an outside investor is $100,000.
Who can invest in BUILDERS UNION FUND Ltd?
BUILDERS UNION FUND 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 BUILDERS UNION FUND Ltd raised?
BUILDERS UNION FUND Ltd reports $50,000,000 sold from 2 investors on its Form D filed Sep 27, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is BUILDERS UNION FUND Ltd based?
BUILDERS UNION FUND Ltd is based in Grand Cayman, Cayman Islands.
When did BUILDERS UNION FUND Ltd launch?
BUILDERS UNION FUND Ltd reports its first sale in Aug 2019.
Size compared with every hedge fund
Raised more than 38% of the 2,343 hedge funds based in Cayman Islands, and more than 46% of all 10,128 that report sales.