AltMountain

PWG Prime Ltd

Offshore
Status: no Form D since Oct 2013. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

PWG Prime Ltd is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Oct 21, 2013, the fund has sold $15,463,604 of interests to 20 investors since its first sale in Apr 2007. The minimum investment it accepts from an outside investor is $1,000,000. 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 Private Wealth Group, LLC; Stephen Segundo; Roger Hanson.

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
$15,463,604Cumulative sales reported on Form D
Investors
20
First sale
Apr 1, 2007
Minimum investment
$1,000,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Net asset value range
$5,000,001 - $25,000,000Self-reported
Key people and entities
Private Wealth Group, LLC; Stephen Segundo; Roger Hanson
Latest Form D
Oct 21, 2013

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 PWG Prime Ltd

What is the minimum investment for PWG Prime Ltd?

According to its latest Form D, filed Oct 21, 2013, the minimum investment PWG Prime Ltd accepts from an outside investor is $1,000,000.

Who can invest in PWG Prime Ltd?

PWG Prime 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 PWG Prime Ltd raised?

PWG Prime Ltd reports $15,463,604 sold from 20 investors on its Form D filed Oct 21, 2013. This is cumulative sales since the offering began, not current assets or performance.

Where is PWG Prime Ltd based?

PWG Prime Ltd is based in Grand Cayman, Cayman Islands.

When did PWG Prime Ltd launch?

PWG Prime Ltd reports its first sale in Apr 2007.

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 10,128 that report sales.

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