SpotTail Fund Ltd is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Mar 11, 2015, the fund has sold $500,000 of interests to 1 investor since its first sale in Mar 2014. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Richard Schutte; David Bree.
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
- $500,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Mar 1, 2014
- Minimum investment
- $100,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Richard Schutte; David Bree
- Latest Form D
- Mar 11, 2015
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 SpotTail Fund Ltd
What is the minimum investment for SpotTail Fund Ltd?
According to its latest Form D, filed Mar 11, 2015, the minimum investment SpotTail Fund Ltd accepts from an outside investor is $100,000.
Who can invest in SpotTail Fund Ltd?
SpotTail Fund Ltd 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(c), so it may advertise, but every investor must be verified as accredited.
How much has SpotTail Fund Ltd raised?
SpotTail Fund Ltd reports $500,000 sold from 1 investor on its Form D filed Mar 11, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is SpotTail Fund Ltd based?
SpotTail Fund Ltd is based in Grand Cayman, Cayman Islands.
When did SpotTail Fund Ltd launch?
SpotTail Fund Ltd reports its first sale in Mar 2014.
Size compared with every hedge fund
Raised more than 12% of the 2,344 hedge funds based in Cayman Islands, and more than 3% of all 10,134 that report sales.