ICAP Absolute Return Fund LP is a hedge fund based in Denver, Colorado. According to its most recent Form D, filed Jul 16, 2014, the fund has sold $97,993,732 of interests to 67 investors since its first sale in Dec 2004. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include James Hillary; LLC Independence Capital Asset Partners; Anita Falicia.
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
- $97,993,732Cumulative sales reported on Form D
- Investors
- 67
- First sale
- Dec 1, 2004
- Minimum investment
- $1,000,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- James Hillary; LLC Independence Capital Asset Partners; Anita Falicia
- Latest Form D
- Jul 16, 2014
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 ICAP Absolute Return Fund LP
What is the minimum investment for ICAP Absolute Return Fund LP?
According to its latest Form D, filed Jul 16, 2014, the minimum investment ICAP Absolute Return Fund LP accepts from an outside investor is $1,000,000.
Who can invest in ICAP Absolute Return Fund LP?
ICAP Absolute Return Fund LP 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(b), which does not allow general advertising.
How much has ICAP Absolute Return Fund LP raised?
ICAP Absolute Return Fund LP reports $97,993,732 sold from 67 investors on its Form D filed Jul 16, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is ICAP Absolute Return Fund LP based?
ICAP Absolute Return Fund LP is based in Denver, Colorado.
When did ICAP Absolute Return Fund LP launch?
ICAP Absolute Return Fund LP reports its first sale in Dec 2004.
Size compared with every hedge fund
Raised more than 87% of the 112 hedge funds based in Colorado, and more than 57% of all 10,128 that report sales.