AltMountain

Evanston Focused Alpha Fund Ltd.

Camana Bay, Grand Cayman, Cayman Islands · CIK 1679421
Offshore
Status: no Form D since Jul 2018. 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.

Evanston Focused Alpha Fund Ltd. is a hedge fund based in Camana Bay, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jul 17, 2018, the fund has sold $5,500,000 of interests to 2 investors since its first sale in Jul 2016. The minimum investment it accepts from an outside investor is $250,000. 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 Evanston Capital Management, LLC; Kenneth Meister; Adam Blitz.

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
$5,500,000Cumulative sales reported on Form D
Investors
2
First sale
Jul 1, 2016
Minimum investment
$250,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Evanston Capital Management, LLC; Kenneth Meister; Adam Blitz
Latest Form D
Jul 17, 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 Evanston Focused Alpha Fund Ltd.

What is the minimum investment for Evanston Focused Alpha Fund Ltd.?

According to its latest Form D, filed Jul 17, 2018, the minimum investment Evanston Focused Alpha Fund Ltd. accepts from an outside investor is $250,000.

Who can invest in Evanston Focused Alpha Fund Ltd.?

Evanston Focused Alpha 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 Evanston Focused Alpha Fund Ltd. raised?

Evanston Focused Alpha Fund Ltd. reports $5,500,000 sold from 2 investors on its Form D filed Jul 17, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Evanston Focused Alpha Fund Ltd. based?

Evanston Focused Alpha Fund Ltd. is based in Camana Bay, Grand Cayman, Cayman Islands.

When did Evanston Focused Alpha Fund Ltd. launch?

Evanston Focused Alpha Fund Ltd. reports its first sale in Jul 2016.

Size compared with every hedge fund

Raised more than 19% of the 2,344 hedge funds based in Cayman Islands, and more than 15% of all 10,143 that report sales.

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