AltMountain

Prisma Alpha Eagle Fund Ltd

Grand Cayman, Cayman Islands · CIK 1460120
Offshore
Status: no Form D since Feb 2014. 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.

Prisma Alpha Eagle Fund Ltd is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Feb 25, 2014, the fund has sold $200,000,000 of interests to 1 investor since its first sale in May 2007. 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 Alan Milgate; Scott Lennon; Prisma Capital Partners LP.

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
$200,000,000Cumulative sales reported on Form D
Investors
1
First sale
May 1, 2007
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
Alan Milgate; Scott Lennon; Prisma Capital Partners LP
Latest Form D
Feb 25, 2014

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 Prisma Alpha Eagle Fund Ltd

What is the minimum investment for Prisma Alpha Eagle Fund Ltd?

According to its latest Form D, filed Feb 25, 2014, the minimum investment Prisma Alpha Eagle Fund Ltd accepts from an outside investor is $100,000.

Who can invest in Prisma Alpha Eagle Fund Ltd?

Prisma Alpha Eagle 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 Prisma Alpha Eagle Fund Ltd raised?

Prisma Alpha Eagle Fund Ltd reports $200,000,000 sold from 1 investor on its Form D filed Feb 25, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is Prisma Alpha Eagle Fund Ltd based?

Prisma Alpha Eagle Fund Ltd is based in Grand Cayman, Cayman Islands.

When did Prisma Alpha Eagle Fund Ltd launch?

Prisma Alpha Eagle Fund Ltd reports its first sale in May 2007.

Size compared with every hedge fund

Raised more than 60% of the 2,343 hedge funds based in Cayman Islands, and more than 69% of all 10,128 that report sales.

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