Challen Partners, LTD.
Challen Partners, LTD. is a hedge fund organized in Florida, United States and advised by Challen Asset Management, LLC. Its adviser reported $120,000,000 in gross assets for the fund on Form ADV, filed Jan 31, 2024. It reported 50 beneficial owners. The minimum investment it accepts is $250,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. It invests in other private funds (a fund of funds).
- Gross assets
- $120,000,000As reported on Form ADV
- Beneficial owners
- 50
- Minimum investment
- $250,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Hedge fund
- Domicile
- Florida, United States
- Auditor
- Ernst & Young
- Administrator
- Stone Coast Fund Services
- Prime broker
- Btig, LLC
- Custodian
- Btig, LLC
- Adviser
- Challen Asset Management, LLC · Jacksonville, FL · CRD 168866
- Reported on
- Jan 31, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Challen Partners, LTD.
What is the minimum investment for Challen Partners, LTD.?
According to its adviser's Form ADV filed Jan 31, 2024, the minimum investment Challen Partners, LTD. accepts is $250,000.
Who can invest in Challen Partners, LTD.?
Challen Partners, LTD. 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).
How large is Challen Partners, LTD.?
Its adviser reported $120,000,000 in gross assets on Form ADV filed Jan 31, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Challen Partners, LTD.?
Challen Partners, LTD. is advised by Challen Asset Management, LLC, based in Jacksonville, FL.
Who are Challen Partners, LTD.'s service providers?
Its Form ADV lists Ernst & Young as auditor and Stone Coast Fund Services as administrator.