AltMountain

Kairal US Fund LP

Singapore, Singapore · CIK 1741713
Offshore
Status: no Form D since Aug 2019. 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.

Kairal US Fund LP is a hedge fund based in Singapore, Singapore. According to its most recent Form D, filed Aug 20, 2019, the fund has sold $15,000,000 of interests to 12 investors since its first sale in May 2018. 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 Amit Bhatiani; Canopy Group Asia Pte Ltd; Kairal GP LLC.

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
$15,000,000Cumulative sales reported on Form D
Investors
12
First sale
May 1, 2018
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
Amit Bhatiani; Canopy Group Asia Pte Ltd; Kairal GP LLC
Latest Form D
Aug 20, 2019

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

Related vehicles with the same name (2)

VehicleTotal raisedInvestorsLatest Form D
KAIRAL CAYMAN FUND LTD.$23,550,0009Aug 20, 2019
KAIRAL US FUND LP (this page)$15,000,00012Aug 20, 2019

Funds are often offered through several legal vehicles, such as onshore, offshore, feeder, parallel or tax-exempt versions, and each one files its own Form D. These 2 filings share this fund's name apart from such vehicle words or a series letter, which usually means they are versions of one fund. Grouped by AltMountain from the names on the filings alone, so the list may be incomplete or include a separate fund with a near-identical name; amounts are each vehicle's own filing and should not be added together, because a feeder's money can also be counted in its master fund. Source: SEC Form D filings.

Questions about Kairal US Fund LP

What is the minimum investment for Kairal US Fund LP?

Kairal US Fund LP's latest Form D, filed Aug 20, 2019, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Kairal US Fund LP?

Kairal US Fund LP 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 Kairal US Fund LP raised?

Kairal US Fund LP reports $15,000,000 sold from 12 investors on its Form D filed Aug 20, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Kairal US Fund LP based?

Kairal US Fund LP is based in Singapore, Singapore.

When did Kairal US Fund LP launch?

Kairal US Fund LP reports its first sale in May 2018.

Size compared with every hedge fund

Raised more than 57% of the 58 hedge funds based in Singapore, and more than 25% of all 10,140 that report sales.

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