SMI Defensive LP
SMI Defensive LP is a hedge fund organized in Canada and advised by Silvercreek Management Inc. Its adviser reported $117,068,017 in gross assets for the fund on Form ADV, filed Oct 30, 2024. It reported 150 beneficial owners, about 94% of it owned by non-U.S. persons. The minimum investment it accepts is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors.
- Gross assets
- $117,068,017As reported on Form ADV
- Beneficial owners
- 150
- Minimum investment
- $25,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 owners
- Fund type
- Hedge fund
- Domicile
- Canada
- Auditor
- KPMG LLP; KPMG
- Administrator
- Mitsubishi Ufj Fund Services
- Prime broker
- BMO Nesbitt Burns Inc.; NBCN Inc.; Barclays Capital Inc.; Cibc World Markets Inc.
- Custodian
- BMO Nesbitt Burns Inc.; Barclays Capital Inc.; Cibc World Markets Inc.; NBCN Inc.
- Adviser
- Silvercreek Management Inc. · Toronto, Canada · CRD 166302
- Reported on
- Oct 30, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about SMI Defensive LP
What is the minimum investment for SMI Defensive LP?
According to its adviser's Form ADV filed Oct 30, 2024, the minimum investment SMI Defensive LP accepts is $25,000.
Who can invest in SMI Defensive LP?
SMI Defensive LP 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 large is SMI Defensive LP?
Its adviser reported $117,068,017 in gross assets on Form ADV filed Oct 30, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages SMI Defensive LP?
SMI Defensive LP is advised by Silvercreek Management Inc., based in Toronto, Canada.
Who are SMI Defensive LP's service providers?
Its Form ADV lists KPMG LLP as auditor and Mitsubishi Ufj Fund Services as administrator.