Discovery Equity Partners Ltd. is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jul 14, 2017, the fund has sold $109,514,130 of interests to 15 investors since its first sale in Jun 2010. The minimum investment it accepts from an outside investor is $100,000. 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 Michael Murphy; Discovery Group I, LLC; Daniel Donoghue.
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
- $109,514,130Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Jun 1, 2010
- Minimum investment
- $100,000
- 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
- Michael Murphy; Discovery Group I, LLC; Daniel Donoghue
- Latest Form D
- Jul 14, 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 Discovery Equity Partners Ltd.
What is the minimum investment for Discovery Equity Partners Ltd.?
According to its latest Form D, filed Jul 14, 2017, the minimum investment Discovery Equity Partners Ltd. accepts from an outside investor is $100,000.
Who can invest in Discovery Equity Partners Ltd.?
Discovery Equity 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). It uses Rule 506(b), which does not allow general advertising.
How much has Discovery Equity Partners Ltd. raised?
Discovery Equity Partners Ltd. reports $109,514,130 sold from 15 investors on its Form D filed Jul 14, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Discovery Equity Partners Ltd. based?
Discovery Equity Partners Ltd. is based in George Town, Grand Cayman, Cayman Islands.
When did Discovery Equity Partners Ltd. launch?
Discovery Equity Partners Ltd. reports its first sale in Jun 2010.
Size compared with every hedge fund
Raised more than 50% of the 2,342 hedge funds based in Cayman Islands, and more than 59% of all 10,127 that report sales.