AltMountain

IQ Absolute Return Select Fund, L.P.

New York, NY · CIK 1451656
Status: no Form D since Oct 2014. 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.

IQ Absolute Return Select Fund, L.P. is a hedge fund based in New York, New York. According to its most recent Form D, filed Oct 10, 2014, the fund has sold $64,385,104 of interests to 32 investors since its first sale in May 2008. The minimum investment it accepts from an outside investor is $500,000. 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 Steven Suss; Keith Glenfield; Merrill Lynch Alternative Investments LLC (""MLAI.

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
$64,385,104Cumulative sales reported on Form D
Investors
32
First sale
May 1, 2008
Minimum investment
$500,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Steven Suss; Keith Glenfield; Merrill Lynch Alternative Investments LLC (""MLAI
Latest Form D
Oct 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 IQ Absolute Return Select Fund, L.P.

What is the minimum investment for IQ Absolute Return Select Fund, L.P.?

According to its latest Form D, filed Oct 10, 2014, the minimum investment IQ Absolute Return Select Fund, L.P. accepts from an outside investor is $500,000.

Who can invest in IQ Absolute Return Select Fund, L.P.?

IQ Absolute Return Select Fund, L.P. 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 IQ Absolute Return Select Fund, L.P. raised?

IQ Absolute Return Select Fund, L.P. reports $64,385,104 sold from 32 investors on its Form D filed Oct 10, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is IQ Absolute Return Select Fund, L.P. based?

IQ Absolute Return Select Fund, L.P. is based in New York, New York.

When did IQ Absolute Return Select Fund, L.P. launch?

IQ Absolute Return Select Fund, L.P. reports its first sale in May 2008.

Size compared with every hedge fund

Raised more than 47% of the 2,528 hedge funds based in New York, and more than 50% of all 10,143 that report sales.

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