Newport UT, LLC is a hedge fund based in Irvine, California. According to its most recent Form D, filed Sep 25, 2018, the fund has sold $166,594,381 of interests to 1 investor since its first sale in Jul 2010. The minimum investment it accepts from an outside investor is $200,000,000. 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 Pacific Alternative Asset Management Company; Carlos Ferreira; Darren Huber.
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
- $166,594,381Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jul 1, 2010
- Minimum investment
- $200,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Pacific Alternative Asset Management Company; Carlos Ferreira; Darren Huber
- Latest Form D
- Sep 25, 2018
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 Newport UT, LLC
What is the minimum investment for Newport UT, LLC?
According to its latest Form D, filed Sep 25, 2018, the minimum investment Newport UT, LLC accepts from an outside investor is $200,000,000.
Who can invest in Newport UT, LLC?
Newport UT, 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). It uses Rule 506(b), which does not allow general advertising.
How much has Newport UT, LLC raised?
Newport UT, LLC reports $166,594,381 sold from 1 investor on its Form D filed Sep 25, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Newport UT, LLC based?
Newport UT, LLC is based in Irvine, California.
When did Newport UT, LLC launch?
Newport UT, LLC reports its first sale in Jul 2010.
Size compared with every hedge fund
Raised more than 74% of the 1,049 hedge funds based in California, and more than 66% of all 10,139 that report sales.