Ionic Absolute Return Fund LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Sep 10, 2014, the fund has sold $10,530,000 of interests to 8 investors since its first sale in Sep 2013. 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 Bart Baum; Ionic Capital Management LLC; Daniel Stone.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $10,530,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Sep 1, 2013
- 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
- Bart Baum; Ionic Capital Management LLC; Daniel Stone
- Latest Form D
- Sep 10, 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 Ionic Absolute Return Fund LLC
What is the minimum investment for Ionic Absolute Return Fund LLC?
Ionic Absolute Return Fund LLC's latest Form D, filed Sep 10, 2014, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Ionic Absolute Return Fund LLC?
Ionic Absolute Return Fund 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 Ionic Absolute Return Fund LLC raised?
Ionic Absolute Return Fund LLC reports $10,530,000 sold from 8 investors on its Form D filed Sep 10, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Ionic Absolute Return Fund LLC based?
Ionic Absolute Return Fund LLC is based in New York, New York.
When did Ionic Absolute Return Fund LLC launch?
Ionic Absolute Return Fund LLC reports its first sale in Sep 2013.
Size compared with every hedge fund
Raised more than 23% of the 2,503 hedge funds based in New York, and more than 22% of all 10,102 that report sales.