Explorador Fund, L.P. is a hedge fund based in Sau Paulo, Brazil. According to its most recent Form D, filed Oct 31, 2014, the fund has sold $76,245,772 of interests to 102 investors since its first sale in Mar 1996. The filing does not set a minimum investment. 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 Andrew Cummins; Explorador 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
- $76,245,772Cumulative sales reported on Form D
- Investors
- 102
- First sale
- Mar 1, 1996
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Andrew Cummins; Explorador Capital Management, LLC
- Latest Form D
- Oct 31, 2014
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 Explorador Fund, L.P.
What is the minimum investment for Explorador Fund, L.P.?
Explorador Fund, L.P.'s latest Form D, filed Oct 31, 2014, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Explorador Fund, L.P.?
Explorador Fund, L.P. 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 Explorador Fund, L.P. raised?
Explorador Fund, L.P. reports $76,245,772 sold from 102 investors on its Form D filed Oct 31, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Explorador Fund, L.P. based?
Explorador Fund, L.P. is based in Sau Paulo, Brazil.
When did Explorador Fund, L.P. launch?
Explorador Fund, L.P. reports its first sale in Mar 1996.
Size compared with every hedge fund
Raised more than 22% of the 9 hedge funds based in Brazil, and more than 53% of all 10,140 that report sales.