AltMountain

Hipparchus Fund Ltd

Grand Cayman, Cayman Islands · CIK 1479988
Offshore
Status: no Form D since Mar 2017. 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.

Hipparchus Fund Ltd is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Mar 13, 2017, the fund has sold $1,182,603,348 of interests to 35 investors since its first sale in Jan 2010. 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 Michael Turro; Ross Laser; Alec Litowitz.

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
$1,182,603,348Cumulative sales reported on Form D
Investors
35
First sale
Jan 1, 2010
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
Michael Turro; Ross Laser; Alec Litowitz
Latest Form D
Mar 13, 2017

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 Hipparchus Fund Ltd

What is the minimum investment for Hipparchus Fund Ltd?

Hipparchus Fund Ltd's latest Form D, filed Mar 13, 2017, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Hipparchus Fund Ltd?

Hipparchus 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 Hipparchus Fund Ltd raised?

Hipparchus Fund Ltd reports $1,182,603,348 sold from 35 investors on its Form D filed Mar 13, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Hipparchus Fund Ltd based?

Hipparchus Fund Ltd is based in Grand Cayman, Cayman Islands.

When did Hipparchus Fund Ltd launch?

Hipparchus Fund Ltd reports its first sale in Jan 2010.

Size compared with every hedge fund

Raised more than 88% of the 2,344 hedge funds based in Cayman Islands, and more than 91% of all 10,129 that report sales.

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