Cheyne Equity Fund Inc.

Grand Cayman, Cayman Islands · CIK 1590786

Offshore

Status: no Form D since Dec 2014. 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.

Cheyne Equity Fund Inc. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Dec 11, 2014, the fund has sold $226,732 of interests to 1 investor since its first sale in Mar 2013. 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 Ralph Woodford; Cheyne Capital International LP; Andrew Galloway.

Performance

No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.

Is this your fund? Report your monthly returns · How performance works

Total raised: $226,732Cumulative sales reported on Form D
Investors: 1
First sale: Mar 7, 2013
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: Ralph Woodford; Cheyne Capital International LP; Andrew Galloway
Latest Form D: Dec 11, 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

Questions about Cheyne Equity Fund Inc.

What is the minimum investment for Cheyne Equity Fund Inc.?

According to its latest Form D, filed Dec 11, 2014, the minimum investment Cheyne Equity Fund Inc. accepts from an outside investor is $100,000.

Who can invest in Cheyne Equity Fund Inc.?

Cheyne Equity Fund Inc. 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 Cheyne Equity Fund Inc. raised?

Cheyne Equity Fund Inc. reports $226,732 sold from 1 investor on its Form D filed Dec 11, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is Cheyne Equity Fund Inc. based?

Cheyne Equity Fund Inc. is based in Grand Cayman, Cayman Islands.

When did Cheyne Equity Fund Inc. launch?

Cheyne Equity Fund Inc. reports its first sale in Mar 2013.