Prime Fund Ltd. is a private investment fund based in Hamilton, Bermuda. According to its most recent Form D, filed Oct 21, 2024, it has sold $207,781,108 of interests to 7 investors since its first sale in Jan 2022. The minimum investment it accepts from an outside investor is $1,000,000. 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 Richard Lowther; Jason Carne; Robin Masters.
- Total raised
- $207,781,108Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Jan 1, 2022
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Richard Lowther; Jason Carne; Robin Masters
- Latest Form D
- Oct 21, 2024
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 Prime Fund Ltd.
What is the minimum investment for Prime Fund Ltd.?
According to its latest Form D, filed Oct 21, 2024, the minimum investment Prime Fund Ltd. accepts from an outside investor is $1,000,000.
Who can invest in Prime Fund Ltd.?
Prime 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 Prime Fund Ltd. raised?
Prime Fund Ltd. reports $207,781,108 sold from 7 investors on its Form D filed Oct 21, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Prime Fund Ltd. based?
Prime Fund Ltd. is based in Hamilton, Bermuda.
When did Prime Fund Ltd. launch?
Prime Fund Ltd. reports its first sale in Jan 2022.
Size compared with every private investment fund
Raised more than 59% of the 41 private investment funds based in Bermuda, and more than 80% of all 10,425 that report sales.