PTN USA Ltd
PTN USA Ltd is a hedge fund based in Parkland, Florida. According to its most recent Form D, filed Aug 20, 2018, the fund has sold $5,444,250 of interests to 65 investors since its first sale in Aug 2017. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include James DeLorenzo; Christopher Forbes; Steven Grun.
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
- $5,444,250Cumulative sales reported on Form D
- Investors
- 65
- First sale
- Aug 7, 2017
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- James DeLorenzo; Christopher Forbes; Steven Grun
- Latest Form D
- Aug 20, 2018
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 PTN USA Ltd
What is the minimum investment for PTN USA Ltd?
According to its latest Form D, filed Aug 20, 2018, the minimum investment PTN USA Ltd accepts from an outside investor is $10,000.
Who can invest in PTN USA Ltd?
PTN USA Ltd is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has PTN USA Ltd raised?
PTN USA Ltd reports $5,444,250 sold from 65 investors on its Form D filed Aug 20, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is PTN USA Ltd based?
PTN USA Ltd is based in Parkland, Florida.
When did PTN USA Ltd launch?
PTN USA Ltd reports its first sale in Aug 2017.
Size compared with every hedge fund
Raised more than 40% of the 743 hedge funds based in Florida, and more than 15% of all 10,129 that report sales.