Permal Access LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Mar 11, 2015, the fund has sold $117,961,336 of interests to 330 investors since its first sale in Dec 2006. The minimum investment it accepts from an outside investor is $100,000. 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 Steven Suss; Keith Glenfield; James Costabile.
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
- $117,961,336Cumulative sales reported on Form D
- Investors
- 330
- First sale
- Dec 1, 2006
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Steven Suss; Keith Glenfield; James Costabile
- Latest Form D
- Mar 11, 2015
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 Permal Access LLC
What is the minimum investment for Permal Access LLC?
According to its latest Form D, filed Mar 11, 2015, the minimum investment Permal Access LLC accepts from an outside investor is $100,000.
Who can invest in Permal Access LLC?
Permal Access LLC 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 Permal Access LLC raised?
Permal Access LLC reports $117,961,336 sold from 330 investors on its Form D filed Mar 11, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Permal Access LLC based?
Permal Access LLC is based in New York, New York.
When did Permal Access LLC launch?
Permal Access LLC reports its first sale in Dec 2006.
Size compared with every hedge fund
Raised more than 58% of the 2,522 hedge funds based in New York, and more than 60% of all 10,118 that report sales.