Mainbeach Funding Dac
Mainbeach Funding Dac is a securitized asset fund organized in Ireland and advised by Northcross Capital Management Limited. Its adviser reported $1,000,000,000 in gross assets for the fund on Form ADV, filed May 24, 2024. It reported 1 beneficial owner, about 100% of it owned by non-U.S. persons. The minimum investment it accepts is $500,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $1,000,000,000As reported on Form ADV
- Beneficial owners
- 1
- Minimum investment
- $500,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Securitized asset fund
- Domicile
- Ireland
- Auditor
- KPMG
- Administrator
- Bank of New York Mellon Sa/Nv, Dublin Branch
- Custodian
- The Bank of New York Mellon
- Adviser
- Northcross Capital Management Limited · St. Helier, Jersey · CRD 159723
- Reported on
- May 24, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Mainbeach Funding Dac
What is the minimum investment for Mainbeach Funding Dac?
According to its adviser's Form ADV filed May 24, 2024, the minimum investment Mainbeach Funding Dac accepts is $500,000.
Who can invest in Mainbeach Funding Dac?
Mainbeach Funding Dac is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1).
How large is Mainbeach Funding Dac?
Its adviser reported $1,000,000,000 in gross assets on Form ADV filed May 24, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Mainbeach Funding Dac?
Mainbeach Funding Dac is advised by Northcross Capital Management Limited, based in St. Helier, Jersey.
Who are Mainbeach Funding Dac's service providers?
Its Form ADV lists KPMG as auditor and Bank of New York Mellon Sa/Nv, Dublin Branch as administrator.