P Engine Ltd. is a hedge fund based in New York, New York. According to its most recent Form D, filed Jun 30, 2016, the fund has sold $33,450,000 of interests to 1 investor since its first sale in Apr 2014. The minimum investment it accepts from an outside investor is $100,000. 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 Engine Capital Management, LLC; Arnaud Ajdler.
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
- $33,450,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Apr 1, 2014
- Minimum investment
- $100,000
- 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
- Engine Capital Management, LLC; Arnaud Ajdler
- Latest Form D
- Jun 30, 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 P Engine Ltd.
What is the minimum investment for P Engine Ltd.?
According to its latest Form D, filed Jun 30, 2016, the minimum investment P Engine Ltd. accepts from an outside investor is $100,000.
Who can invest in P Engine Ltd.?
P Engine Ltd. 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 P Engine Ltd. raised?
P Engine Ltd. reports $33,450,000 sold from 1 investor on its Form D filed Jun 30, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is P Engine Ltd. based?
P Engine Ltd. is based in New York, New York.
When did P Engine Ltd. launch?
P Engine Ltd. reports its first sale in Apr 2014.
Size compared with every hedge fund
Raised more than 37% of the 2,503 hedge funds based in New York, and more than 39% of all 10,102 that report sales.