Optima Fund Ltd
Optima Fund Ltd is a hedge fund based in Pembroke, Bermuda. According to its most recent Form D, filed Nov 26, 2024, the fund has sold $375,516,901 of interests to 241 investors since its first sale in Jan 1989. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Optima Asset Management LLC; Geoffrey Lewis; Neil Glass.
Performance
No verified 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
- $375,516,901Cumulative sales reported on Form D
- Investors
- 241
- First sale
- Jan 1, 1989
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Optima Asset Management LLC; Geoffrey Lewis; Neil Glass
- Latest Form D
- Nov 26, 2024
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 Optima Fund Ltd
What is the minimum investment for Optima Fund Ltd?
According to its latest Form D, filed Nov 26, 2024, the minimum investment Optima Fund Ltd accepts from an outside investor is $250,000.
Who can invest in Optima Fund Ltd?
Optima Fund Ltd 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Optima Fund Ltd raised?
Optima Fund Ltd reports $375,516,901 sold from 241 investors on its Form D filed Nov 26, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Optima Fund Ltd based?
Optima Fund Ltd is based in Pembroke, Bermuda and is managed by Optima Asset Management LP.
When did Optima Fund Ltd launch?
Optima Fund Ltd reports its first sale in Jan 1989.
Size compared with every hedge fund
Raised more than 74% of the 104 hedge funds based in Bermuda, and more than 78% of all 10,308 that report sales.