Saba Seed Fund LLC

New York, NY · CIK 1571750

Status: no Form D since Feb 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.

Saba Seed Fund LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Feb 5, 2016, the fund has sold $32,321,628 of interests to 11 investors since its first sale in Mar 2013. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Boaz Weinstein; Saba Capital Management, L.P; Saba MM, 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.

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

Total raised: $32,321,628Cumulative sales reported on Form D
Investors: 11
First sale: Mar 1, 2013
Minimum investment: None set
Who can invest: Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption: Rule 506(b)No general advertising
Key people and entities: Boaz Weinstein; Saba Capital Management, L.P; Saba MM, LLC
Latest Form D: Feb 5, 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 Saba Seed Fund LLC

What is the minimum investment for Saba Seed Fund LLC?

Saba Seed Fund LLC's latest Form D, filed Feb 5, 2016, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Saba Seed Fund LLC?

Saba Seed Fund LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Saba Seed Fund LLC raised?

Saba Seed Fund LLC reports $32,321,628 sold from 11 investors on its Form D filed Feb 5, 2016. This is cumulative sales since the offering began, not current assets or performance.

Where is Saba Seed Fund LLC based?

Saba Seed Fund LLC is based in New York, New York.

When did Saba Seed Fund LLC launch?

Saba Seed Fund LLC reports its first sale in Mar 2013.