Prisma Spectrum Fund Ltd is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Sep 21, 2023, the fund has sold $4,893,024,033 of interests to 354 investors since its first sale in May 2005. 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 Prisma Capital Partners LP; Scott Lennon; 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
- $4,893,024,033Cumulative sales reported on Form D
- Investors
- 354
- First sale
- May 1, 2005
- 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
- Prisma Capital Partners LP; Scott Lennon; Alan Milgate
- Latest Form D
- Sep 21, 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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Prisma Spectrum Fund Ltd
What is the minimum investment for Prisma Spectrum Fund Ltd?
According to its latest Form D, filed Sep 21, 2023, the minimum investment Prisma Spectrum Fund Ltd accepts from an outside investor is $100,000.
Who can invest in Prisma Spectrum Fund Ltd?
Prisma Spectrum 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 Spectrum Fund Ltd raised?
Prisma Spectrum Fund Ltd reports $4,893,024,033 sold from 354 investors on its Form D filed Sep 21, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Prisma Spectrum Fund Ltd based?
Prisma Spectrum Fund Ltd is based in Grand Cayman, Cayman Islands.
When did Prisma Spectrum Fund Ltd launch?
Prisma Spectrum Fund Ltd reports its first sale in May 2005.
Size compared with every hedge fund
Raised more than 98% of the 2,343 hedge funds based in Cayman Islands, and more than 99% of all 10,129 that report sales.