Steamboat Lightning LTD.
Steamboat Lightning LTD. is a securitized asset fund organized in Cayman Islands and advised by Eagle Point Credit Management LLC. Its adviser reported $7,992,416 in gross assets for the fund on Form ADV, filed Nov 15, 2024. It reported 3 beneficial owners. The minimum investment it accepts is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $7,992,416As reported on Form ADV
- Beneficial owners
- 3
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Securitized asset fund
- Domicile
- Cayman Islands
- Administrator
- U.S. Bank National Association
- Custodian
- U.S. Bank National Association
- Adviser
- Eagle Point Credit Management LLC · Greenwich, CT · CRD 166370
- Reported on
- Nov 15, 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 Steamboat Lightning LTD.
What is the minimum investment for Steamboat Lightning LTD.?
According to its adviser's Form ADV filed Nov 15, 2024, the minimum investment Steamboat Lightning LTD. accepts is $250,000.
Who can invest in Steamboat Lightning LTD.?
Steamboat Lightning 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 large is Steamboat Lightning LTD.?
Its adviser reported $7,992,416 in gross assets on Form ADV filed Nov 15, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Steamboat Lightning LTD.?
Steamboat Lightning LTD. is advised by Eagle Point Credit Management LLC, based in Greenwich, CT.
Who are Steamboat Lightning LTD.'s service providers?
Its Form ADV lists U.S. Bank National Association as administrator.