Opaleye, L.P. is a hedge fund based in Boston, Massachusetts. According to its most recent Form D, filed Jun 7, 2017, the fund has sold $42,301,362 of interests to 62 investors since its first sale in Feb 2007. The minimum investment it accepts from an outside investor is $50,000. 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 James Silverman; Opaleye GP LLC; Opaleye Management Inc.
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
- $42,301,362Cumulative sales reported on Form D
- Investors
- 62
- First sale
- Feb 21, 2007
- Minimum investment
- $50,000
- 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
- James Silverman; Opaleye GP LLC; Opaleye Management Inc
- Latest Form D
- Jun 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 Opaleye, L.P.
What is the minimum investment for Opaleye, L.P.?
According to its latest Form D, filed Jun 7, 2017, the minimum investment Opaleye, L.P. accepts from an outside investor is $50,000.
Who can invest in Opaleye, L.P.?
Opaleye, L.P. 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 Opaleye, L.P. raised?
Opaleye, L.P. reports $42,301,362 sold from 62 investors on its Form D filed Jun 7, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Opaleye, L.P. based?
Opaleye, L.P. is based in Boston, Massachusetts.
When did Opaleye, L.P. launch?
Opaleye, L.P. reports its first sale in Feb 2007.
Size compared with every hedge fund
Raised more than 34% of the 474 hedge funds based in Massachusetts, and more than 43% of all 10,127 that report sales.