AltMountain

Discovery Global Macro Fund, Ltd.

Camana Bay, Grand Cayman, Cayman Islands · CIK 1528169
Offshore
Status: no Form D since Dec 2019. 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.

Discovery Global Macro Fund, Ltd. is a hedge fund based in Camana Bay, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Dec 6, 2019, the fund has sold $732,754,186 of interests to 98 investors since its first sale in Oct 2011. 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 Peter Young; Robert Citrone; Discovery Capital 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
$732,754,186Cumulative sales reported on Form D
Investors
98
First sale
Oct 1, 2011
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
Peter Young; Robert Citrone; Discovery Capital Management LLC
Latest Form D
Dec 6, 2019

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 Global Macro Fund, Ltd.

What is the minimum investment for Discovery Global Macro Fund, Ltd.?

According to its latest Form D, filed Dec 6, 2019, the minimum investment Discovery Global Macro Fund, Ltd. accepts from an outside investor is $1,000,000.

Who can invest in Discovery Global Macro Fund, Ltd.?

Discovery Global Macro 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 Discovery Global Macro Fund, Ltd. raised?

Discovery Global Macro Fund, Ltd. reports $732,754,186 sold from 98 investors on its Form D filed Dec 6, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Discovery Global Macro Fund, Ltd. based?

Discovery Global Macro Fund, Ltd. is based in Camana Bay, Grand Cayman, Cayman Islands.

When did Discovery Global Macro Fund, Ltd. launch?

Discovery Global Macro Fund, Ltd. reports its first sale in Oct 2011.

Size compared with every hedge fund

Raised more than 82% of the 2,344 hedge funds based in Cayman Islands, and more than 86% of all 10,134 that report sales.

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