Market Advantage (USD), Ltd. is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Apr 22, 2010, the fund has sold $50,000,000 of interests to 1 investor since its first sale in Mar 2009. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include Michelle Wilson-Clarke; Scott Lennon.
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
- $50,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Mar 31, 2009
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- Michelle Wilson-Clarke; Scott Lennon
- Latest Form D
- Apr 22, 2010
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 Market Advantage (USD), Ltd.
What is the minimum investment for Market Advantage (USD), Ltd.?
According to its latest Form D, filed Apr 22, 2010, the minimum investment Market Advantage (USD), Ltd. accepts from an outside investor is $100,000.
Who can invest in Market Advantage (USD), Ltd.?
Market Advantage (USD), 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).
How much has Market Advantage (USD), Ltd. raised?
Market Advantage (USD), Ltd. reports $50,000,000 sold from 1 investor on its Form D filed Apr 22, 2010. This is cumulative sales since the offering began, not current assets or performance.
Where is Market Advantage (USD), Ltd. based?
Market Advantage (USD), Ltd. is based in George Town, Grand Cayman, Cayman Islands.
When did Market Advantage (USD), Ltd. launch?
Market Advantage (USD), Ltd. reports its first sale in Mar 2009.
Size compared with every hedge fund
Raised more than 39% of the 2,346 hedge funds based in Cayman Islands, and more than 46% of all 10,140 that report sales.