Prisma Genesis 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 $16,000,000 of interests to 1 investor since its first sale in Nov 2010. 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 Scott Lennon; Girish Reddy; Alan Milgate.
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
- $16,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Nov 1, 2010
- 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
- Scott Lennon; Girish Reddy; Alan Milgate
- 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 Genesis Fund Ltd
What is the minimum investment for Prisma Genesis Fund Ltd?
According to its latest Form D, filed Feb 25, 2014, the minimum investment Prisma Genesis Fund Ltd accepts from an outside investor is $100,000.
Who can invest in Prisma Genesis Fund Ltd?
Prisma Genesis 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 Genesis Fund Ltd raised?
Prisma Genesis Fund Ltd reports $16,000,000 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 Genesis Fund Ltd based?
Prisma Genesis Fund Ltd is based in Grand Cayman, Cayman Islands.
When did Prisma Genesis Fund Ltd launch?
Prisma Genesis Fund Ltd reports its first sale in Nov 2010.
Size compared with every hedge fund
Raised more than 26% of the 2,343 hedge funds based in Cayman Islands, and more than 27% of all 10,129 that report sales.