Secondmarket Directly Fund, LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Jul 29, 2013, the fund has sold $247,300 of interests to 30 investors since its first sale in Jul 2013. The minimum investment it accepts from an outside investor is $1,250. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include William Siegel; Jeremy Smith.
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
- $247,300Cumulative sales reported on Form D
- Investors
- 30
- First sale
- Jul 26, 2013
- Minimum investment
- $1,250
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Other exemption
- Key people and entities
- William Siegel; Jeremy Smith
- Latest Form D
- Jul 29, 2013
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 Secondmarket Directly Fund, LLC
What is the minimum investment for Secondmarket Directly Fund, LLC?
According to its latest Form D, filed Jul 29, 2013, the minimum investment Secondmarket Directly Fund, LLC accepts from an outside investor is $1,250.
Who can invest in Secondmarket Directly Fund, LLC?
Secondmarket Directly Fund, 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).
How much has Secondmarket Directly Fund, LLC raised?
Secondmarket Directly Fund, LLC reports $247,300 sold from 30 investors on its Form D filed Jul 29, 2013. This is cumulative sales since the offering began, not current assets or performance.
Where is Secondmarket Directly Fund, LLC based?
Secondmarket Directly Fund, LLC is based in New York, New York.
When did Secondmarket Directly Fund, LLC launch?
Secondmarket Directly Fund, LLC reports its first sale in Jul 2013.
Size compared with every hedge fund
Raised more than 10% of the 2,527 hedge funds based in New York, and more than 2% of all 10,134 that report sales.