Magnetar Global Event Driven Fund LLC is a hedge fund based in Evanston, Illinois. According to its most recent Form D, filed Oct 17, 2017, the fund has sold $298,408,588 of interests to 76 investors since its first sale in Oct 2010. The minimum investment it accepts from an outside investor is $5,000,000. 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 Michael Turro; David Snyderman; Alec Litowitz.
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
- $298,408,588Cumulative sales reported on Form D
- Investors
- 76
- First sale
- Oct 1, 2010
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Turro; David Snyderman; Alec Litowitz
- Latest Form D
- Oct 17, 2017
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 Magnetar Global Event Driven Fund LLC
What is the minimum investment for Magnetar Global Event Driven Fund LLC?
According to its latest Form D, filed Oct 17, 2017, the minimum investment Magnetar Global Event Driven Fund LLC accepts from an outside investor is $5,000,000.
Who can invest in Magnetar Global Event Driven Fund LLC?
Magnetar Global Event Driven 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 Magnetar Global Event Driven Fund LLC raised?
Magnetar Global Event Driven Fund LLC reports $298,408,588 sold from 76 investors on its Form D filed Oct 17, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Magnetar Global Event Driven Fund LLC based?
Magnetar Global Event Driven Fund LLC is based in Evanston, Illinois.
When did Magnetar Global Event Driven Fund LLC launch?
Magnetar Global Event Driven Fund LLC reports its first sale in Oct 2010.
Size compared with every hedge fund
Raised more than 85% of the 316 hedge funds based in Illinois, and more than 75% of all 10,139 that report sales.