Prisma Select Fund LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Sep 29, 2017, the fund has sold $76,797,402 of interests to 5 investors since its first sale in Dec 2004. The filing does not set a minimum investment. 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 Prisma Capital Partners I, LLC; Prisma Capital Partners LP; Prisma Capital Partners LLC.
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
- $76,797,402Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Dec 1, 2004
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Prisma Capital Partners I, LLC; Prisma Capital Partners LP; Prisma Capital Partners LLC
- Latest Form D
- Sep 29, 2017
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 Select Fund LLC
What is the minimum investment for Prisma Select Fund LLC?
Prisma Select Fund LLC's latest Form D, filed Sep 29, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Prisma Select Fund LLC?
Prisma Select Fund LLC 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 Select Fund LLC raised?
Prisma Select Fund LLC reports $76,797,402 sold from 5 investors on its Form D filed Sep 29, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Prisma Select Fund LLC based?
Prisma Select Fund LLC is based in New York, New York.
When did Prisma Select Fund LLC launch?
Prisma Select Fund LLC reports its first sale in Dec 2004.
Size compared with every hedge fund
Raised more than 51% of the 2,525 hedge funds based in New York, and more than 53% of all 10,128 that report sales.