EL Absolute Return, Ltd. is a private investment fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed May 30, 2023, it has sold $40,000,000 of interests to 1 investor since its first sale in Aug 2017. The minimum investment it accepts from an outside investor is $20,000,000. 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 Eric Levin; Pamela Bentley; GCM, L.L.C. (""gcm.
- Total raised
- $40,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Aug 1, 2017
- Minimum investment
- $20,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Eric Levin; Pamela Bentley; GCM, L.L.C. (""gcm
- Latest Form D
- May 30, 2023
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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about EL Absolute Return, Ltd.
What is the minimum investment for EL Absolute Return, Ltd.?
According to its latest Form D, filed May 30, 2023, the minimum investment EL Absolute Return, Ltd. accepts from an outside investor is $20,000,000.
Who can invest in EL Absolute Return, Ltd.?
EL Absolute Return, 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 EL Absolute Return, Ltd. raised?
EL Absolute Return, Ltd. reports $40,000,000 sold from 1 investor on its Form D filed May 30, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is EL Absolute Return, Ltd. based?
EL Absolute Return, Ltd. is based in Grand Cayman, Cayman Islands.
When did EL Absolute Return, Ltd. launch?
EL Absolute Return, Ltd. reports its first sale in Aug 2017.
Size compared with every private investment fund
Raised more than 57% of the 578 private investment funds based in Cayman Islands, and more than 59% of all 10,248 that report sales.
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