Galena Fund Ltd

George Town, Grand Cayman, Cayman Islands · CIK 1557862

Offshore

Status: no Form D since Jan 2015. 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.

Galena Fund Ltd is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jan 6, 2015, the fund has sold $535,385,513 of interests to 15 investors since its first sale in Jul 2006. 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 Galena Asset Management SA; Duncan Letchford; Darren Stainrod.

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: $535,385,513Cumulative sales reported on Form D
Investors: 15
First sale: Jul 24, 2006
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: Galena Asset Management SA; Duncan Letchford; Darren Stainrod
Latest Form D: Jan 6, 2015

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 Galena Fund Ltd

What is the minimum investment for Galena Fund Ltd?

According to its latest Form D, filed Jan 6, 2015, the minimum investment Galena Fund Ltd accepts from an outside investor is $100,000.

Who can invest in Galena Fund Ltd?

Galena 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 Galena Fund Ltd raised?

Galena Fund Ltd reports $535,385,513 sold from 15 investors on its Form D filed Jan 6, 2015. This is cumulative sales since the offering began, not current assets or performance.

Where is Galena Fund Ltd based?

Galena Fund Ltd is based in George Town, Grand Cayman, Cayman Islands.

When did Galena Fund Ltd launch?

Galena Fund Ltd reports its first sale in Jul 2006.