AltMountain

Explorador Fund, L.P.

Sau Paulo, Brazil · CIK 1582004
Offshore
Status: no Form D since Oct 2014. 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.

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.

Is this your fund? Report your monthly returns · How performance works

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.

Similar-size hedge funds in Brazil

All hedge funds in Brazil