Emerging Variant Directional Fund, Ltd. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Apr 27, 2022, the fund has sold $201,525,000 of interests to 7 investors since its first sale in Apr 2019. 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 EV Capital LLC; Santiago Jariton; Emerging Variant Capital Management, 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
- $201,525,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Apr 23, 2019
- 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
- EV Capital LLC; Santiago Jariton; Emerging Variant Capital Management, LP
- Latest Form D
- Apr 27, 2022
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 Emerging Variant Directional Fund, Ltd.
What is the minimum investment for Emerging Variant Directional Fund, Ltd.?
According to its latest Form D, filed Apr 27, 2022, the minimum investment Emerging Variant Directional Fund, Ltd. accepts from an outside investor is $100,000.
Who can invest in Emerging Variant Directional Fund, Ltd.?
Emerging Variant Directional Fund, 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 Emerging Variant Directional Fund, Ltd. raised?
Emerging Variant Directional Fund, Ltd. reports $201,525,000 sold from 7 investors on its Form D filed Apr 27, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Emerging Variant Directional Fund, Ltd. based?
Emerging Variant Directional Fund, Ltd. is based in Grand Cayman, Cayman Islands.
When did Emerging Variant Directional Fund, Ltd. launch?
Emerging Variant Directional Fund, Ltd. reports its first sale in Apr 2019.
Size compared with every hedge fund
Raised more than 61% of the 2,346 hedge funds based in Cayman Islands, and more than 69% of all 10,140 that report sales.