AltMountain

Recompense L.P.

Grand Cayman, Cayman Islands · CIK 1655683
Offshore
Status: no Form D since Nov 2016. 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.

Recompense L.P. is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Nov 9, 2016, the fund has sold $26,855,000 of interests to 20 investors since its first sale in Aug 2015. The minimum investment it accepts from an outside investor is $100,000. 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 Tenor Capital Management Company, L.P; Robin Shah; Tenor Opportunity Associates, LLC.

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
$26,855,000Cumulative sales reported on Form D
Investors
20
First sale
Aug 14, 2015
Minimum investment
$100,000
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
Tenor Capital Management Company, L.P; Robin Shah; Tenor Opportunity Associates, LLC
Latest Form D
Nov 9, 2016

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 Recompense L.P.

What is the minimum investment for Recompense L.P.?

According to its latest Form D, filed Nov 9, 2016, the minimum investment Recompense L.P. accepts from an outside investor is $100,000.

Who can invest in Recompense L.P.?

Recompense L.P. 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 Recompense L.P. raised?

Recompense L.P. reports $26,855,000 sold from 20 investors on its Form D filed Nov 9, 2016. This is cumulative sales since the offering began, not current assets or performance.

Where is Recompense L.P. based?

Recompense L.P. is based in Grand Cayman, Cayman Islands.

When did Recompense L.P. launch?

Recompense L.P. reports its first sale in Aug 2015.

Size compared with every hedge fund

Raised more than 31% of the 2,344 hedge funds based in Cayman Islands, and more than 35% of all 10,129 that report sales.

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