Forty4 Fund LLC is a hedge fund based in Chicago, Illinois. According to its most recent Form D, filed Nov 4, 2013, the fund has sold $67,984,923 of interests to 59 investors since its first sale in Jan 2010. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Stephen Lee; Francis Wisniewski.
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
- $67,984,923Cumulative sales reported on Form D
- Investors
- 59
- First sale
- Jan 1, 2010
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Stephen Lee; Francis Wisniewski
- Latest Form D
- Nov 4, 2013
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 Forty4 Fund LLC
What is the minimum investment for Forty4 Fund LLC?
Forty4 Fund LLC's latest Form D, filed Nov 4, 2013, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Forty4 Fund LLC?
Forty4 Fund LLC 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). It uses Rule 506(b), which does not allow general advertising.
How much has Forty4 Fund LLC raised?
Forty4 Fund LLC reports $67,984,923 sold from 59 investors on its Form D filed Nov 4, 2013. This is cumulative sales since the offering began, not current assets or performance.
Where is Forty4 Fund LLC based?
Forty4 Fund LLC is based in Chicago, Illinois.
When did Forty4 Fund LLC launch?
Forty4 Fund LLC reports its first sale in Jan 2010.
Size compared with every hedge fund
Raised more than 64% of the 317 hedge funds based in Illinois, and more than 51% of all 10,144 that report sales.