Magnetar Global Event Driven Fund Ltd is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Sep 11, 2015, the fund has sold $1,222,829,582 of interests to 80 investors since its first sale in Sep 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; Alec Litowitz; S. Milgate.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $1,222,829,582Cumulative sales reported on Form D
- Investors
- 80
- First sale
- Sep 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; Alec Litowitz; S. Milgate
- Latest Form D
- Sep 11, 2015
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 Ltd
What is the minimum investment for Magnetar Global Event Driven Fund Ltd?
According to its latest Form D, filed Sep 11, 2015, the minimum investment Magnetar Global Event Driven Fund Ltd accepts from an outside investor is $5,000,000.
Who can invest in Magnetar Global Event Driven Fund Ltd?
Magnetar Global 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 Magnetar Global Event Driven Fund Ltd raised?
Magnetar Global Event Driven Fund Ltd reports $1,222,829,582 sold from 80 investors on its Form D filed Sep 11, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Magnetar Global Event Driven Fund Ltd based?
Magnetar Global Event Driven Fund Ltd is based in Grand Cayman, Cayman Islands.
When did Magnetar Global Event Driven Fund Ltd launch?
Magnetar Global Event Driven Fund Ltd reports its first sale in Sep 2010.
Size compared with every hedge fund
Raised more than 89% of the 2,346 hedge funds based in Cayman Islands, and more than 91% of all 10,140 that report sales.