Purple Monad Ltd is a private equity fund based in Road Town, Virgin Islands, British. According to its most recent Form D, filed Jul 22, 2024, it has sold $505,000 of interests to 105 investors since its first sale in Jun 2024. The minimum investment it accepts from an outside investor is $1,000. 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 Gm Echo Manager Ltd.
- Total raised
- $505,000Cumulative sales reported on Form D
- Investors
- 105
- First sale
- Jun 27, 2024
- Minimum investment
- $1,000
- 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
- Gm Echo Manager Ltd
- Latest Form D
- Jul 22, 2024
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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Purple Monad Ltd
What is the minimum investment for Purple Monad Ltd?
According to its latest Form D, filed Jul 22, 2024, the minimum investment Purple Monad Ltd accepts from an outside investor is $1,000.
Who can invest in Purple Monad Ltd?
Purple Monad 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 Purple Monad Ltd raised?
Purple Monad Ltd reports $505,000 sold from 105 investors on its Form D filed Jul 22, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Purple Monad Ltd based?
Purple Monad Ltd is based in Road Town, Virgin Islands, British.
When did Purple Monad Ltd launch?
Purple Monad Ltd reports its first sale in Jun 2024.
Size compared with every private equity fund
Raised more than 65% of the 312 private equity funds based in Virgin Islands, British, and more than 15% of all 8,889 that report sales.