Scher Partners LP is a hedge fund based in New York, New York. According to its most recent Form D, filed Mar 23, 2021, the fund has sold $15,540,794 of interests to 11 investors since its first sale in Jul 2008. 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 Avi Gelboim.
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
- $15,540,794Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Jul 1, 2008
- 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
- Avi Gelboim
- Latest Form D
- Mar 23, 2021
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 Scher Partners LP
What is the minimum investment for Scher Partners LP?
According to its latest Form D, filed Mar 23, 2021, the minimum investment Scher Partners LP accepts from an outside investor is $100,000.
Who can invest in Scher Partners LP?
Scher Partners LP 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 Scher Partners LP raised?
Scher Partners LP reports $15,540,794 sold from 11 investors on its Form D filed Mar 23, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Scher Partners LP based?
Scher Partners LP is based in New York, New York.
When did Scher Partners LP launch?
Scher Partners LP reports its first sale in Jul 2008.
Size compared with every hedge fund
Raised more than 28% of the 2,525 hedge funds based in New York, and more than 27% of all 10,129 that report sales.