P1 Offshore Ltd. is a hedge fund based in Miami, Florida. According to its most recent Form D, filed Apr 3, 2017, the fund has sold $7,078,000 of interests to 17 investors since its first sale in Mar 2015. 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 Timothy Sittler; Renzo Silva; David Collis.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $7,078,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Mar 31, 2015
- 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
- Timothy Sittler; Renzo Silva; David Collis
- Latest Form D
- Apr 3, 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 P1 Offshore Ltd.
What is the minimum investment for P1 Offshore Ltd.?
According to its latest Form D, filed Apr 3, 2017, the minimum investment P1 Offshore Ltd. accepts from an outside investor is $100,000.
Who can invest in P1 Offshore Ltd.?
P1 Offshore 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 P1 Offshore Ltd. raised?
P1 Offshore Ltd. reports $7,078,000 sold from 17 investors on its Form D filed Apr 3, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is P1 Offshore Ltd. based?
P1 Offshore Ltd. is based in Miami, Florida.
When did P1 Offshore Ltd. launch?
P1 Offshore Ltd. reports its first sale in Mar 2015.
Size compared with every hedge fund
Raised more than 43% of the 741 hedge funds based in Florida, and more than 17% of all 10,134 that report sales.