CR Advantage, LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Jun 30, 2017, the fund has sold $88,343,024 of interests to 1 investor since its first sale in Jun 2016. The minimum investment it accepts from an outside investor is $5,000,000. 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 Circle Road Advisors LP; Eliav Assouline; CR Advantage 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
- $88,343,024Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jun 1, 2016
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Circle Road Advisors LP; Eliav Assouline; CR Advantage Management LLC
- Latest Form D
- Jun 30, 2017
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 CR Advantage, LLC
What is the minimum investment for CR Advantage, LLC?
According to its latest Form D, filed Jun 30, 2017, the minimum investment CR Advantage, LLC accepts from an outside investor is $5,000,000.
Who can invest in CR Advantage, LLC?
CR Advantage, LLC 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 CR Advantage, LLC raised?
CR Advantage, LLC reports $88,343,024 sold from 1 investor on its Form D filed Jun 30, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is CR Advantage, LLC based?
CR Advantage, LLC is based in New York, New York.
When did CR Advantage, LLC launch?
CR Advantage, LLC reports its first sale in Jun 2016.
Size compared with every hedge fund
Raised more than 53% of the 2,524 hedge funds based in New York, and more than 55% of all 10,129 that report sales.