Midas Partners LLC
Midas Partners LLC is a hedge fund based in Northbrook, Illinois. According to its most recent Form D, filed Apr 25, 2012, the fund has sold $6,742,306 of interests to 70 investors since its first sale in Feb 2010. 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. Related persons named in the filing include Brian Batt; Richard Sacks.
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
- $6,742,306Cumulative sales reported on Form D
- Investors
- 70
- First sale
- Feb 1, 2010
- Minimum investment
- $500,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Other exemption
- Net asset value range
- $25,000,001 - $50,000,000Self-reported
- Key people and entities
- Brian Batt; Richard Sacks
- Latest Form D
- Apr 25, 2012
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 Midas Partners LLC
What is the minimum investment for Midas Partners LLC?
According to its latest Form D, filed Apr 25, 2012, the minimum investment Midas Partners LLC accepts from an outside investor is $500,000.
Who can invest in Midas Partners LLC?
Midas Partners LLC 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 much has Midas Partners LLC raised?
Midas Partners LLC reports $6,742,306 sold from 70 investors on its Form D filed Apr 25, 2012. This is cumulative sales since the offering began, not current assets or performance.
Where is Midas Partners LLC based?
Midas Partners LLC is based in Northbrook, Illinois.
When did Midas Partners LLC launch?
Midas Partners LLC reports its first sale in Feb 2010.
Size compared with every hedge fund
Raised more than 30% of the 318 hedge funds based in Illinois, and more than 17% of all 10,129 that report sales.