Gleneagles Absolute Return Fund LLC is a hedge fund based in Atlanta, Georgia. According to its most recent Form D, filed Feb 26, 2018, the fund has sold $108,370,000 of interests to 15 investors since its first sale in Aug 2004. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include none Peachtree Wealth Management, LLC; David Plyler.
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
- $108,370,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Aug 2, 2004
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Net asset value range
- $5,000,001 - $25,000,000Self-reported
- Key people and entities
- none Peachtree Wealth Management, LLC; David Plyler
- Latest Form D
- Feb 26, 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 Gleneagles Absolute Return Fund LLC
What is the minimum investment for Gleneagles Absolute Return Fund LLC?
According to its latest Form D, filed Feb 26, 2018, the minimum investment Gleneagles Absolute Return Fund LLC accepts from an outside investor is $100,000.
Who can invest in Gleneagles Absolute Return Fund LLC?
Gleneagles Absolute Return 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Gleneagles Absolute Return Fund LLC raised?
Gleneagles Absolute Return Fund LLC reports $108,370,000 sold from 15 investors on its Form D filed Feb 26, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Gleneagles Absolute Return Fund LLC based?
Gleneagles Absolute Return Fund LLC is based in Atlanta, Georgia.
When did Gleneagles Absolute Return Fund LLC launch?
Gleneagles Absolute Return Fund LLC reports its first sale in Aug 2004.
Size compared with every hedge fund
Raised more than 79% of the 143 hedge funds based in Georgia, and more than 59% of all 10,134 that report sales.