AltMountain

New Vernon Mauritius

Ebene, Mauritius · CIK 1669342
Offshore
Status: no Form D since Mar 2016. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

New Vernon Mauritius is a hedge fund based in Ebene, Mauritius. According to its most recent Form D, filed Mar 15, 2016, the fund has sold $7,900,000 of interests to 8 investors since its first sale in Oct 2015. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include James Higgins; Christiane Yeung; Sebastian Calabro.

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
$7,900,000Cumulative sales reported on Form D
Investors
8
First sale
Oct 23, 2015
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
James Higgins; Christiane Yeung; Sebastian Calabro
Latest Form D
Mar 15, 2016

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 New Vernon Mauritius

What is the minimum investment for New Vernon Mauritius?

New Vernon Mauritius's latest Form D, filed Mar 15, 2016, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in New Vernon Mauritius?

New Vernon Mauritius is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has New Vernon Mauritius raised?

New Vernon Mauritius reports $7,900,000 sold from 8 investors on its Form D filed Mar 15, 2016. This is cumulative sales since the offering began, not current assets or performance.

Where is New Vernon Mauritius based?

New Vernon Mauritius is based in Ebene, Mauritius.

When did New Vernon Mauritius launch?

New Vernon Mauritius reports its first sale in Oct 2015.

Size compared with every hedge fund

Raised more than 34% of the 35 hedge funds based in Mauritius, and more than 18% of all 10,134 that report sales.

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