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.
Is this your fund? Report your monthly returns · How performance works
- 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.