AltMountain

Hedge Fund Select: RIEF LLC

New York, NY · CIK 1779541 · Sponsor: Hedge Select Rief
Status: no Form D since Apr 2023. 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.

Hedge Fund Select: RIEF LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed Apr 21, 2023, it has sold $165,916,954 of interests to 180 investors since its first sale in May 2019. 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 Helen Crowley.

Total raised
$165,916,954Cumulative sales reported on Form D
Investors
180
First sale
May 30, 2019
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
Helen Crowley
Latest Form D
Apr 21, 2023

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

Raise history

$165,916,954Jun 14, 2019: $17,000,000 raisedJun 15, 2020: $149,560,935 raisedJan 21, 2021: $165,916,954 raisedApr 26, 2022: $165,916,954 raisedApr 21, 2023: $165,916,954 raisedJun 2019Apr 2023
FiledFilingTotal raisedInvestorsSource
Apr 21, 2023Form D/A (amendment)$165,916,954180SEC.gov ↗
Apr 26, 2022Form D/A (amendment)$165,916,954180SEC.gov ↗
Jan 21, 2021Form D/A (amendment)$165,916,954180SEC.gov ↗
Jun 15, 2020Form D/A (amendment)$149,560,935166SEC.gov ↗
Jun 14, 2019Form D$17,000,0004SEC.gov ↗

5 Form D filings in the SEC's electronic records (2008 onward), the earliest on Jun 14, 2019. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.

Related vehicles with the same name (2)

VehicleTotal raisedInvestorsLatest Form D
Hedge Fund Select: RIEF LLC (this page)$165,916,954180Apr 21, 2023
Hedge Fund Select: RIEF Ltd$1,750,0003Apr 21, 2023

Funds are often offered through several legal vehicles, such as onshore, offshore, feeder, parallel or tax-exempt versions, and each one files its own Form D. These 2 filings share this fund's name apart from such vehicle words or a series letter, which usually means they are versions of one fund. Grouped by AltMountain from the names on the filings alone, so the list may be incomplete or include a separate fund with a near-identical name; amounts are each vehicle's own filing and should not be added together, because a feeder's money can also be counted in its master fund. Source: SEC Form D filings.

Questions about Hedge Fund Select: RIEF LLC

What is the minimum investment for Hedge Fund Select: RIEF LLC?

Hedge Fund Select: RIEF LLC's latest Form D, filed Apr 21, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Hedge Fund Select: RIEF LLC?

Hedge Fund Select: RIEF LLC 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 Hedge Fund Select: RIEF LLC raised?

Hedge Fund Select: RIEF LLC reports $165,916,954 sold from 180 investors on its Form D filed Apr 21, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Hedge Fund Select: RIEF LLC based?

Hedge Fund Select: RIEF LLC is based in New York, New York.

When did Hedge Fund Select: RIEF LLC launch?

Hedge Fund Select: RIEF LLC reports its first sale in May 2019.

Size compared with every private investment fund

Raised more than 76% of the 2,847 private investment funds based in New York, and more than 77% of all 10,333 that report sales.

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