MTP Energy PAA LLC is a hedge fund based in Evanston, Illinois. According to its most recent Form D, filed Dec 23, 2010, the fund has sold $75,500,000 of interests to 11 investors since its first sale in Dec 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. Related persons named in the filing include Magnetar Financial LLC; Alec Litowitz; Ross Laser.
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
- $75,500,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Dec 1, 2010
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- Magnetar Financial LLC; Alec Litowitz; Ross Laser
- Latest Form D
- Dec 23, 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 MTP Energy PAA LLC
What is the minimum investment for MTP Energy PAA LLC?
According to its latest Form D, filed Dec 23, 2010, the minimum investment MTP Energy PAA LLC accepts from an outside investor is $5,000,000.
Who can invest in MTP Energy PAA LLC?
MTP Energy PAA LLC 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 MTP Energy PAA LLC raised?
MTP Energy PAA LLC reports $75,500,000 sold from 11 investors on its Form D filed Dec 23, 2010. This is cumulative sales since the offering began, not current assets or performance.
Where is MTP Energy PAA LLC based?
MTP Energy PAA LLC is based in Evanston, Illinois.
When did MTP Energy PAA LLC launch?
MTP Energy PAA LLC reports its first sale in Dec 2010.
Size compared with every hedge fund
Raised more than 66% of the 317 hedge funds based in Illinois, and more than 53% of all 10,144 that report sales.