Hanover Active Equity Fund LP is a private investment fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Sep 10, 2015, it has sold $3,703,568 of interests to 4 investors since its first sale in Aug 2015. The filing does not set a minimum investment. 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 Hanover Investors Management LLP; Fred Lundqvist; Hanover Investors Management (Cayman) Limited.
- Total raised
- $3,703,568Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Aug 27, 2015
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Hanover Investors Management LLP; Fred Lundqvist; Hanover Investors Management (Cayman) Limited
- Latest Form D
- Sep 10, 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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Hanover Active Equity Fund LP
What is the minimum investment for Hanover Active Equity Fund LP?
Hanover Active Equity Fund LP's latest Form D, filed Sep 10, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Hanover Active Equity Fund LP?
Hanover Active Equity Fund LP 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 Hanover Active Equity Fund LP raised?
Hanover Active Equity Fund LP reports $3,703,568 sold from 4 investors on its Form D filed Sep 10, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Hanover Active Equity Fund LP based?
Hanover Active Equity Fund LP is based in George Town, Grand Cayman, Cayman Islands.
When did Hanover Active Equity Fund LP launch?
Hanover Active Equity Fund LP reports its first sale in Aug 2015.
Size compared with every private investment fund
Raised more than 37% of the 577 private investment funds based in Cayman Islands, and more than 28% of all 10,270 that report sales.