Ionic Event Driven Fund Ltd. is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jan 12, 2018, the fund has sold $244,434,959 of interests to 45 investors since its first sale in Mar 2013. The minimum investment it accepts from an outside investor is $100,000. 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 David Sargison; 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.
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- Total raised
- $244,434,959Cumulative sales reported on Form D
- Investors
- 45
- First sale
- Mar 1, 2013
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Sargison; Ionic Capital Management LLC; Daniel Stone
- Latest Form D
- Jan 12, 2018
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 Event Driven Fund Ltd.
What is the minimum investment for Ionic Event Driven Fund Ltd.?
According to its latest Form D, filed Jan 12, 2018, the minimum investment Ionic Event Driven Fund Ltd. accepts from an outside investor is $100,000.
Who can invest in Ionic Event Driven Fund Ltd.?
Ionic Event Driven 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 Ionic Event Driven Fund Ltd. raised?
Ionic Event Driven Fund Ltd. reports $244,434,959 sold from 45 investors on its Form D filed Jan 12, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Ionic Event Driven Fund Ltd. based?
Ionic Event Driven Fund Ltd. is based in George Town, Grand Cayman, Cayman Islands.
When did Ionic Event Driven Fund Ltd. launch?
Ionic Event Driven Fund Ltd. reports its first sale in Mar 2013.
Size compared with every hedge fund
Raised more than 63% of the 2,342 hedge funds based in Cayman Islands, and more than 72% of all 10,102 that report sales.