Flagler Offshore Fund Ltd. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Aug 10, 2018, the fund has sold $200,000 of interests to 1 investor since its first sale in Jun 2014. The minimum investment it accepts from an outside investor is $100,000. 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 Scott Lennon; Candlewood Investment Group, LP; Scott Somerville.
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
- $200,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jun 1, 2014
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Scott Lennon; Candlewood Investment Group, LP; Scott Somerville
- Latest Form D
- Aug 10, 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 Flagler Offshore Fund Ltd.
What is the minimum investment for Flagler Offshore Fund Ltd.?
According to its latest Form D, filed Aug 10, 2018, the minimum investment Flagler Offshore Fund Ltd. accepts from an outside investor is $100,000.
Who can invest in Flagler Offshore Fund Ltd.?
Flagler Offshore 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 Flagler Offshore Fund Ltd. raised?
Flagler Offshore Fund Ltd. reports $200,000 sold from 1 investor on its Form D filed Aug 10, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Flagler Offshore Fund Ltd. based?
Flagler Offshore Fund Ltd. is based in Grand Cayman, Cayman Islands.
When did Flagler Offshore Fund Ltd. launch?
Flagler Offshore Fund Ltd. reports its first sale in Jun 2014.
Size compared with every hedge fund
Raised more than 10% of the 2,346 hedge funds based in Cayman Islands, and more than 1% of all 10,139 that report sales.