AltMountain

Paulson Advantage Ltd.

Offshore
Status: no Form D since Mar 2017. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Paulson Advantage Ltd. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Mar 20, 2017, the fund has sold $5,907,085,232 of interests to 170 investors since its first sale in Apr 2004. The minimum investment it accepts from an outside investor is $5,000,000. 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 Roel Campos; John Paulson; Harvey Pitt.

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
$5,907,085,232Cumulative sales reported on Form D
Investors
170
First sale
Apr 1, 2004
Minimum investment
$5,000,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Roel Campos; John Paulson; Harvey Pitt
Latest Form D
Mar 20, 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 Paulson Advantage Ltd.

What is the minimum investment for Paulson Advantage Ltd.?

According to its latest Form D, filed Mar 20, 2017, the minimum investment Paulson Advantage Ltd. accepts from an outside investor is $5,000,000.

Who can invest in Paulson Advantage Ltd.?

Paulson Advantage 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(b), which does not allow general advertising.

How much has Paulson Advantage Ltd. raised?

Paulson Advantage Ltd. reports $5,907,085,232 sold from 170 investors on its Form D filed Mar 20, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Paulson Advantage Ltd. based?

Paulson Advantage Ltd. is based in Grand Cayman, Cayman Islands.

When did Paulson Advantage Ltd. launch?

Paulson Advantage Ltd. reports its first sale in Apr 2004.

Size compared with every hedge fund

Raised more than 99% of the 2,343 hedge funds based in Cayman Islands, and more than 99% of all 10,129 that report sales.

More hedge funds in Grand Cayman

Similar-size hedge funds in Cayman Islands

All hedge funds in Cayman Islands