Crescent Absolute Return Fund, Ltd.
Crescent Absolute Return Fund, Ltd. is a hedge fund based in Los Angeles, California. According to its most recent Form D, filed May 11, 2018, the fund has sold $25,717,014 of interests to 12 investors since its first sale in Jan 2014. The minimum investment it accepts from an outside investor is $1,000,000. 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 Jonathan Insull; George Hawley; Crescent Capital Group LP.
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
- $25,717,014Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Jan 1, 2014
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jonathan Insull; George Hawley; Crescent Capital Group LP
- Latest Form D
- May 11, 2018
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 Crescent Absolute Return Fund, Ltd.
What is the minimum investment for Crescent Absolute Return Fund, Ltd.?
According to its latest Form D, filed May 11, 2018, the minimum investment Crescent Absolute Return Fund, Ltd. accepts from an outside investor is $1,000,000.
Who can invest in Crescent Absolute Return Fund, Ltd.?
Crescent Absolute Return 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 Crescent Absolute Return Fund, Ltd. raised?
Crescent Absolute Return Fund, Ltd. reports $25,717,014 sold from 12 investors on its Form D filed May 11, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Crescent Absolute Return Fund, Ltd. based?
Crescent Absolute Return Fund, Ltd. is based in Los Angeles, California.
When did Crescent Absolute Return Fund, Ltd. launch?
Crescent Absolute Return Fund, Ltd. reports its first sale in Jan 2014.
Size compared with every hedge fund
Raised more than 46% of the 1,048 hedge funds based in California, and more than 34% of all 10,102 that report sales.