AltMountain

PIPE Select Offshore Fund Ltd.

Offshore
Status: no Form D since Sep 2010. 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.

PIPE Select Offshore Fund Ltd. is a hedge fund based in Road Town, Tortola, Virgin Islands, British. According to its most recent Form D, filed Sep 22, 2010, the fund has sold $994,396 of interests to 3 investors since its first sale in Jul 2009. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include J. Hull; Brad Ackerman.

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
$994,396Cumulative sales reported on Form D
Investors
3
First sale
Jul 1, 2009
Minimum investment
$500,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Other exemption
Key people and entities
J. Hull; Brad Ackerman
Latest Form D
Sep 22, 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 PIPE Select Offshore Fund Ltd.

What is the minimum investment for PIPE Select Offshore Fund Ltd.?

According to its latest Form D, filed Sep 22, 2010, the minimum investment PIPE Select Offshore Fund Ltd. accepts from an outside investor is $500,000.

Who can invest in PIPE Select Offshore Fund Ltd.?

PIPE Select Offshore Fund 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 PIPE Select Offshore Fund Ltd. raised?

PIPE Select Offshore Fund Ltd. reports $994,396 sold from 3 investors on its Form D filed Sep 22, 2010. This is cumulative sales since the offering began, not current assets or performance.

Where is PIPE Select Offshore Fund Ltd. based?

PIPE Select Offshore Fund Ltd. is based in Road Town, Tortola, Virgin Islands, British.

When did PIPE Select Offshore Fund Ltd. launch?

PIPE Select Offshore Fund Ltd. reports its first sale in Jul 2009.

Size compared with every hedge fund

Raised more than 25% of the 68 hedge funds based in Virgin Islands, British, and more than 5% of all 10,144 that report sales.

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