FM First China Fund Ltd
FM First China Fund Ltd is a private investment fund based in New York, New York. According to its most recent Form D, filed Dec 15, 2025, it has sold $21,994,697 of interests to 20 investors since its first sale in Mar 2007. The minimum investment it accepts from an outside investor is $50,000. 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 First Manhattan Co. LLC.
- Total raised
- $21,994,697Cumulative sales reported on Form D
- Investors
- 20
- First sale
- Mar 1, 2007
- Minimum investment
- $50,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- First Manhattan Co. LLC
- Latest Form D
- Dec 15, 2025
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 FM First China Fund Ltd
What is the minimum investment for FM First China Fund Ltd?
According to its latest Form D, filed Dec 15, 2025, the minimum investment FM First China Fund Ltd accepts from an outside investor is $50,000.
Who can invest in FM First China Fund Ltd?
FM First China 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 FM First China Fund Ltd raised?
FM First China Fund Ltd reports $21,994,697 sold from 20 investors on its Form D filed Dec 15, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is FM First China Fund Ltd based?
FM First China Fund Ltd is based in New York, New York and is managed by First Manhattan Co. LLC.
When did FM First China Fund Ltd launch?
FM First China Fund Ltd reports its first sale in Mar 2007.
Size compared with every private investment fund
Raised more than 55% of the 2,859 private investment funds based in New York, and more than 52% of all 10,425 that report sales.