MCM Eleven, LP is a hedge fund based in Chicago, Illinois. According to its most recent Form D, filed Sep 7, 2017, the fund has sold $60,204,414 of interests to 91 investors since its first sale in Jan 2012. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Steven Brown; Brian Musso; Promus Asset Management, 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
- $60,204,414Cumulative sales reported on Form D
- Investors
- 91
- First sale
- Jan 1, 2012
- Minimum investment
- $500,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Steven Brown; Brian Musso; Promus Asset Management, LLC
- Latest Form D
- Sep 7, 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 MCM Eleven, LP
What is the minimum investment for MCM Eleven, LP?
According to its latest Form D, filed Sep 7, 2017, the minimum investment MCM Eleven, LP accepts from an outside investor is $500,000.
Who can invest in MCM Eleven, LP?
MCM Eleven, LP 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). It uses Rule 506(b), which does not allow general advertising.
How much has MCM Eleven, LP raised?
MCM Eleven, LP reports $60,204,414 sold from 91 investors on its Form D filed Sep 7, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is MCM Eleven, LP based?
MCM Eleven, LP is based in Chicago, Illinois.
When did MCM Eleven, LP launch?
MCM Eleven, LP reports its first sale in Jan 2012.
Size compared with every hedge fund
Raised more than 62% of the 318 hedge funds based in Illinois, and more than 49% of all 10,129 that report sales.