Gruss DV Fund, Ltd. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Mar 14, 2018, the fund has sold $522,167,000 of interests to 301 investors since its first sale in Jul 2004. 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 Philip Dickie; Gruss Capital Management LP; Howard Guberman.
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
- $522,167,000Cumulative sales reported on Form D
- Investors
- 301
- First sale
- Jul 1, 2004
- 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
- Philip Dickie; Gruss Capital Management LP; Howard Guberman
- Latest Form D
- Mar 14, 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 Gruss DV Fund, Ltd.
What is the minimum investment for Gruss DV Fund, Ltd.?
According to its latest Form D, filed Mar 14, 2018, the minimum investment Gruss DV Fund, Ltd. accepts from an outside investor is $100,000.
Who can invest in Gruss DV Fund, Ltd.?
Gruss DV 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 Gruss DV Fund, Ltd. raised?
Gruss DV Fund, Ltd. reports $522,167,000 sold from 301 investors on its Form D filed Mar 14, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Gruss DV Fund, Ltd. based?
Gruss DV Fund, Ltd. is based in Grand Cayman, Cayman Islands.
When did Gruss DV Fund, Ltd. launch?
Gruss DV Fund, Ltd. reports its first sale in Jul 2004.
Size compared with every hedge fund
Raised more than 76% of the 2,342 hedge funds based in Cayman Islands, and more than 82% of all 10,129 that report sales.