AltMountain

Faroe Petroleum plc

London, United Kingdom · CIK 1680851
Offshore
Status: no Form D since Jul 2016. 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.

Faroe Petroleum plc is an energy fund based in London, United Kingdom. According to its most recent Form D, filed Jul 29, 2016, it has sold $81,377,520 of interests to 68 investors since its first sale in Jul 2016. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jonathan Cooper; Timothy Read; John Bentley.

Total raised
$81,377,520Cumulative sales reported on Form D
Investors
68
First sale
Jul 15, 2016
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Jonathan Cooper; Timothy Read; John Bentley
Latest Form D
Jul 29, 2016

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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Faroe Petroleum plc

What is the minimum investment for Faroe Petroleum plc?

Faroe Petroleum plc's latest Form D, filed Jul 29, 2016, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Faroe Petroleum plc?

Faroe Petroleum plc is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Faroe Petroleum plc raised?

Faroe Petroleum plc reports $81,377,520 sold from 68 investors on its Form D filed Jul 29, 2016. This is cumulative sales since the offering began, not current assets or performance.

Where is Faroe Petroleum plc based?

Faroe Petroleum plc is based in London, United Kingdom.

When did Faroe Petroleum plc launch?

Faroe Petroleum plc reports its first sale in Jul 2016.

Size compared with every energy fund

This fund hasn't reported any sales yet.