Formula Growth Alpha Fund
Formula Growth Alpha Fund is a hedge fund organized in Canada and advised by Formula Growth Limited. Its adviser reported $23,283,993 in gross assets for the fund on Form ADV, filed Oct 23, 2024. It reported 138 beneficial owners, about 100% of it owned by non-U.S. persons. The minimum investment it accepts is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $23,283,993As reported on Form ADV
- Beneficial owners
- 138
- Minimum investment
- $25,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Hedge fund
- Domicile
- Canada
- Auditor
- Deloitte & Touche
- Administrator
- Ss&c Globeop
- Prime broker
- Goldman Sachs & Co. LLC; J.P. Morgan Securities Inc.
- Custodian
- J.P. Morgan Securities Inc.; Goldman Sachs & Co. LLC
- Adviser
- Formula Growth Limited · Montreal, Canada · CRD 163245
- Reported on
- Oct 23, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Formula Growth Alpha Fund
What is the minimum investment for Formula Growth Alpha Fund?
According to its adviser's Form ADV filed Oct 23, 2024, the minimum investment Formula Growth Alpha Fund accepts is $25,000.
Who can invest in Formula Growth Alpha Fund?
Formula Growth Alpha Fund is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1).
How large is Formula Growth Alpha Fund?
Its adviser reported $23,283,993 in gross assets on Form ADV filed Oct 23, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Formula Growth Alpha Fund?
Formula Growth Alpha Fund is advised by Formula Growth Limited, based in Montreal, Canada.
Who are Formula Growth Alpha Fund's service providers?
Its Form ADV lists Deloitte & Touche as auditor and Ss&c Globeop as administrator.