Maglan Distressed Fund LP is a hedge fund based in New York, New York. According to its most recent Form D, filed Jan 8, 2021, the fund has sold $65,831,371 of interests to 111 investors since its first sale in Jan 2011. 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 David Tawil; Shlomo Azarbad; JJS Sd 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
- $65,831,371Cumulative sales reported on Form D
- Investors
- 111
- First sale
- Jan 1, 2011
- 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
- David Tawil; Shlomo Azarbad; JJS Sd LLC
- Latest Form D
- Jan 8, 2021
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 Maglan Distressed Fund LP
What is the minimum investment for Maglan Distressed Fund LP?
Maglan Distressed Fund LP's latest Form D, filed Jan 8, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Maglan Distressed Fund LP?
Maglan Distressed 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 Maglan Distressed Fund LP raised?
Maglan Distressed Fund LP reports $65,831,371 sold from 111 investors on its Form D filed Jan 8, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Maglan Distressed Fund LP based?
Maglan Distressed Fund LP is based in New York, New York.
When did Maglan Distressed Fund LP launch?
Maglan Distressed Fund LP reports its first sale in Jan 2011.
Size compared with every hedge fund
Raised more than 48% of the 2,526 hedge funds based in New York, and more than 51% of all 10,127 that report sales.