Scienart Advantage Fund is a hedge fund based in Grand Cayman, Cayman Islands. Its most recent Form D, filed Feb 13, 2018, 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 Yawei Wang; Top Ace Capital Management Limited; Top Ace Asset Management Limited.
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
- Yawei Wang; Top Ace Capital Management Limited; Top Ace Asset Management Limited
- Latest Form D
- Feb 13, 2018
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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Feb 13, 2018 | Form D/A (amendment) | $0 | 0 | SEC.gov ↗ |
| Feb 13, 2017 | Form D/A (amendment) | $0 | 0 | SEC.gov ↗ |
| Feb 12, 2016 | Form D/A (amendment) | $0 | 0 | SEC.gov ↗ |
| Feb 12, 2015 | Form D/A (amendment) | $0 | 0 | SEC.gov ↗ |
| Feb 12, 2014 | Form D/A (amendment) | $0 | 0 | SEC.gov ↗ |
5 Form D filings in the SEC's electronic records (2008 onward), the earliest on Feb 12, 2014. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about Scienart Advantage Fund
What is the minimum investment for Scienart Advantage Fund?
According to its latest Form D, filed Feb 13, 2018, the minimum investment Scienart Advantage Fund accepts from an outside investor is $100,000.
Who can invest in Scienart Advantage Fund?
Scienart Advantage Fund 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 Scienart Advantage Fund raised?
Scienart Advantage Fund's latest Form D, filed Feb 13, 2018, reports no sales yet.
Where is Scienart Advantage Fund based?
Scienart Advantage Fund is based in Grand Cayman, Cayman Islands.
Size compared with every hedge fund
This fund hasn't reported any sales yet.