Phinity Offshore Fund II Ltd. is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Feb 17, 2010, the fund has sold $89,820,358 of interests to 4 investors since its first sale in Oct 2006. The minimum investment it accepts from an outside investor is $2,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include David Felman.
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
- $89,820,358Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Oct 1, 2006
- Minimum investment
- $2,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- David Felman
- Latest Form D
- Feb 17, 2010
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 Phinity Offshore Fund II Ltd.
What is the minimum investment for Phinity Offshore Fund II Ltd.?
According to its latest Form D, filed Feb 17, 2010, the minimum investment Phinity Offshore Fund II Ltd. accepts from an outside investor is $2,000,000.
Who can invest in Phinity Offshore Fund II Ltd.?
Phinity Offshore Fund II 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).
How much has Phinity Offshore Fund II Ltd. raised?
Phinity Offshore Fund II Ltd. reports $89,820,358 sold from 4 investors on its Form D filed Feb 17, 2010. This is cumulative sales since the offering began, not current assets or performance.
Where is Phinity Offshore Fund II Ltd. based?
Phinity Offshore Fund II Ltd. is based in George Town, Grand Cayman, Cayman Islands.
When did Phinity Offshore Fund II Ltd. launch?
Phinity Offshore Fund II Ltd. reports its first sale in Oct 2006.
Size compared with every hedge fund
Raised more than 47% of the 2,346 hedge funds based in Cayman Islands, and more than 56% of all 10,139 that report sales.