Second Derivative Capital LLC
Second Derivative Capital LLC is a hedge fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Jul 29, 2021, the fund has sold $4,000,000 of interests to 3 investors since its first sale in Jul 2021. The filing does not set a minimum investment. 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 T. Rose & Associates Inc.
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
- $4,000,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Jul 16, 2021
- Minimum investment
- None set
- 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
- T. Rose & Associates Inc
- Latest Form D
- Jul 29, 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 Second Derivative Capital LLC
What is the minimum investment for Second Derivative Capital LLC?
Second Derivative Capital LLC's latest Form D, filed Jul 29, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Second Derivative Capital LLC?
Second Derivative Capital LLC 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 Second Derivative Capital LLC raised?
Second Derivative Capital LLC reports $4,000,000 sold from 3 investors on its Form D filed Jul 29, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Second Derivative Capital LLC based?
Second Derivative Capital LLC is based in Minneapolis, Minnesota.
When did Second Derivative Capital LLC launch?
Second Derivative Capital LLC reports its first sale in Jul 2021.
Size compared with every hedge fund
Raised more than 16% of the 70 hedge funds based in Minnesota, and more than 13% of all 10,129 that report sales.