EnTrustPermal Diversified SMA Fund Ltd. is a hedge fund based in New York, New York. According to its most recent Form D, filed Oct 5, 2018, the fund has sold $92,560,453 of interests to 5 investors since its first sale in Jan 2018. 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 Allison Nolan; Gregg Hymowitz; EnTrustPermal Partners Offshore 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
- $92,560,453Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Jan 1, 2018
- 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
- Allison Nolan; Gregg Hymowitz; EnTrustPermal Partners Offshore LP
- Latest Form D
- Oct 5, 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 EnTrustPermal Diversified SMA Fund Ltd.
What is the minimum investment for EnTrustPermal Diversified SMA Fund Ltd.?
According to its latest Form D, filed Oct 5, 2018, the minimum investment EnTrustPermal Diversified SMA Fund Ltd. accepts from an outside investor is $1,000,000.
Who can invest in EnTrustPermal Diversified SMA Fund Ltd.?
EnTrustPermal Diversified SMA 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 EnTrustPermal Diversified SMA Fund Ltd. raised?
EnTrustPermal Diversified SMA Fund Ltd. reports $92,560,453 sold from 5 investors on its Form D filed Oct 5, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is EnTrustPermal Diversified SMA Fund Ltd. based?
EnTrustPermal Diversified SMA Fund Ltd. is based in New York, New York.
When did EnTrustPermal Diversified SMA Fund Ltd. launch?
EnTrustPermal Diversified SMA Fund Ltd. reports its first sale in Jan 2018.
Size compared with every hedge fund
Raised more than 54% of the 2,528 hedge funds based in New York, and more than 56% of all 10,140 that report sales.