AltMountain

Praxis Absolute Return Fund Ltd

Grand Cayman, Cayman Islands · CIK 1870319
Offshore
Status: no Form D since Feb 2023. 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.

Praxis Absolute Return Fund Ltd is a private investment fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Feb 28, 2023, it has sold $8,000,000 of interests to 2 investors since its first sale in Dec 2017. 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 Allison Nolan; Praxis Alpha Partners LLP; Peter Heaps.

Total raised
$8,000,000Cumulative sales reported on Form D
Investors
2
First sale
Dec 1, 2017
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
Allison Nolan; Praxis Alpha Partners LLP; Peter Heaps
Latest Form D
Feb 28, 2023

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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Praxis Absolute Return Fund Ltd

What is the minimum investment for Praxis Absolute Return Fund Ltd?

According to its latest Form D, filed Feb 28, 2023, the minimum investment Praxis Absolute Return Fund Ltd accepts from an outside investor is $100,000.

Who can invest in Praxis Absolute Return Fund Ltd?

Praxis Absolute Return 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). It uses Rule 506(b), which does not allow general advertising.

How much has Praxis Absolute Return Fund Ltd raised?

Praxis Absolute Return Fund Ltd reports $8,000,000 sold from 2 investors on its Form D filed Feb 28, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Praxis Absolute Return Fund Ltd based?

Praxis Absolute Return Fund Ltd is based in Grand Cayman, Cayman Islands.

When did Praxis Absolute Return Fund Ltd launch?

Praxis Absolute Return Fund Ltd reports its first sale in Dec 2017.

Size compared with every private investment fund

Raised more than 42% of the 577 private investment funds based in Cayman Islands, and more than 38% of all 10,266 that report sales.

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