Permanens Allocation Fund LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Mar 20, 2018, the fund has sold $72,662,144 of interests to 14 investors since its first sale in Sep 2013. The minimum investment it accepts from an outside investor is $1,000,000. 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 Permanens Capital L.P; Permanens Capital Advisors, LLC.
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
- $72,662,144Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Sep 1, 2013
- Minimum investment
- $1,000,000
- 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
- Permanens Capital L.P; Permanens Capital Advisors, LLC
- Latest Form D
- Mar 20, 2018
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 Permanens Allocation Fund LLC
What is the minimum investment for Permanens Allocation Fund LLC?
According to its latest Form D, filed Mar 20, 2018, the minimum investment Permanens Allocation Fund LLC accepts from an outside investor is $1,000,000.
Who can invest in Permanens Allocation Fund LLC?
Permanens Allocation Fund LLC 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 Permanens Allocation Fund LLC raised?
Permanens Allocation Fund LLC reports $72,662,144 sold from 14 investors on its Form D filed Mar 20, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Permanens Allocation Fund LLC based?
Permanens Allocation Fund LLC is based in New York, New York.
When did Permanens Allocation Fund LLC launch?
Permanens Allocation Fund LLC reports its first sale in Sep 2013.
Size compared with every hedge fund
Raised more than 49% of the 2,524 hedge funds based in New York, and more than 52% of all 10,129 that report sales.