SAPIC-98 Fund Ltd.

Grand Cayman, Cayman Islands · CIK 1491406

Offshore

Status: no Form D since Apr 2015. 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.

SAPIC-98 Fund Ltd. is a hedge fund based in Grand Cayman, Cayman Islands. Its most recent Form D, filed Apr 24, 2015, reports no sales yet. The minimum investment it accepts from an outside investor is $100,000. 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 Sophia Dilbert; George Bashforth.

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: $0Cumulative sales reported on Form D
Investors: 0
First sale: —
Minimum investment: $100,000
Who can invest: Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption: Rule 506(b)No general advertising
Key people and entities: Sophia Dilbert; George Bashforth
Latest Form D: Apr 24, 2015

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 SAPIC-98 Fund Ltd.

What is the minimum investment for SAPIC-98 Fund Ltd.?

According to its latest Form D, filed Apr 24, 2015, the minimum investment SAPIC-98 Fund Ltd. accepts from an outside investor is $100,000.

Who can invest in SAPIC-98 Fund Ltd.?

SAPIC-98 Fund Ltd. 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 SAPIC-98 Fund Ltd. raised?

SAPIC-98 Fund Ltd.'s latest Form D, filed Apr 24, 2015, reports no sales yet.

Where is SAPIC-98 Fund Ltd. based?

SAPIC-98 Fund Ltd. is based in Grand Cayman, Cayman Islands.