Phineus Master Fund, Ltd. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Apr 23, 2015, the fund has sold $11,493,915 of interests to 2 investors since its first sale in Feb 2010. 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 Wayne Ross; Martino Borelli.
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
- $11,493,915Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Feb 1, 2010
- 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
- Wayne Ross; Martino Borelli
- Latest Form D
- Apr 23, 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 Phineus Master Fund, Ltd.
What is the minimum investment for Phineus Master Fund, Ltd.?
According to its latest Form D, filed Apr 23, 2015, the minimum investment Phineus Master Fund, Ltd. accepts from an outside investor is $1,000,000.
Who can invest in Phineus Master Fund, Ltd.?
Phineus Master Fund, 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 Phineus Master Fund, Ltd. raised?
Phineus Master Fund, Ltd. reports $11,493,915 sold from 2 investors on its Form D filed Apr 23, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Phineus Master Fund, Ltd. based?
Phineus Master Fund, Ltd. is based in Grand Cayman, Cayman Islands.
When did Phineus Master Fund, Ltd. launch?
Phineus Master Fund, Ltd. reports its first sale in Feb 2010.
Size compared with every hedge fund
Raised more than 23% of the 2,342 hedge funds based in Cayman Islands, and more than 23% of all 10,127 that report sales.