Cavan Select Fund LP
Cavan Select Fund LP is a hedge fund based in Oak Brook. According to its most recent Form D, filed Oct 2, 2015, the fund has sold $30,123,798 of interests to 11 investors since its first sale in Apr 2014. The minimum investment it accepts from an outside investor is $500,000. 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 James Reilly; Michael Reilly; Cavan 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
- $30,123,798Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Apr 1, 2014
- Minimum investment
- $500,000
- 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
- James Reilly; Michael Reilly; Cavan Capital Management LLC
- Latest Form D
- Oct 2, 2015
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 Cavan Select Fund LP
What is the minimum investment for Cavan Select Fund LP?
According to its latest Form D, filed Oct 2, 2015, the minimum investment Cavan Select Fund LP accepts from an outside investor is $500,000.
Who can invest in Cavan Select Fund LP?
Cavan Select Fund LP 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 Cavan Select Fund LP raised?
Cavan Select Fund LP reports $30,123,798 sold from 11 investors on its Form D filed Oct 2, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Cavan Select Fund LP based?
Cavan Select Fund LP is based in Oak Brook.
When did Cavan Select Fund LP launch?
Cavan Select Fund LP reports its first sale in Apr 2014.