Select 12-Meter Fund, Ltd. is a hedge fund based in Hamilton, Bermuda. According to its most recent Form D, filed Mar 17, 2009, the fund has sold $82,750,000 of interests to 6 investors since its first sale in Dec 2003. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include 12-Meter Management, L.P; Select Advisors, L.L.C; Louis Margolis.
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
- $82,750,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Dec 1, 2003
- Minimum investment
- $1,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- 12-Meter Management, L.P; Select Advisors, L.L.C; Louis Margolis
- Latest Form D
- Mar 17, 2009
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 Select 12-Meter Fund, Ltd.
What is the minimum investment for Select 12-Meter Fund, Ltd.?
According to its latest Form D, filed Mar 17, 2009, the minimum investment Select 12-Meter Fund, Ltd. accepts from an outside investor is $1,000,000.
Who can invest in Select 12-Meter Fund, Ltd.?
Select 12-Meter 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).
How much has Select 12-Meter Fund, Ltd. raised?
Select 12-Meter Fund, Ltd. reports $82,750,000 sold from 6 investors on its Form D filed Mar 17, 2009. This is cumulative sales since the offering began, not current assets or performance.
Where is Select 12-Meter Fund, Ltd. based?
Select 12-Meter Fund, Ltd. is based in Hamilton, Bermuda.
When did Select 12-Meter Fund, Ltd. launch?
Select 12-Meter Fund, Ltd. reports its first sale in Dec 2003.
Size compared with every hedge fund
Raised more than 47% of the 100 hedge funds based in Bermuda, and more than 54% of all 10,128 that report sales.