Stelac SPC
Stelac SPC is a private fund (private equity fund of funds) organized in Cayman Islands and advised by Stelac Advisory Services LLC. Its adviser reported $26,050,742 in gross assets for the fund on Form ADV, filed Oct 16, 2024. It reported 43 beneficial owners, about 100% of it owned by non-U.S. persons. The minimum investment it accepts is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. It invests in other private funds (a fund of funds).
- Gross assets
- $26,050,742As reported on Form ADV
- Beneficial owners
- 43
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Private fundPRIVATE EQUITY FUND OF FUNDS
- Domicile
- Cayman Islands
- Auditor
- Crowe Horwath Cayman LTD
- Administrator
- JTC Fund Services (Cayman) LTD.
- Custodian
- Bank of New York Mellon; DMS Bank & Trust LTD.; Mufg Bank LTD.
- Adviser
- Stelac Advisory Services LLC · New York, NY · CRD 145103
- Reported on
- Oct 16, 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 Stelac SPC
What is the minimum investment for Stelac SPC?
According to its adviser's Form ADV filed Oct 16, 2024, the minimum investment Stelac SPC accepts is $100,000.
Who can invest in Stelac SPC?
Stelac SPC 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 Stelac SPC?
Its adviser reported $26,050,742 in gross assets on Form ADV filed Oct 16, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Stelac SPC?
Stelac SPC is advised by Stelac Advisory Services LLC, based in New York, NY.
Who are Stelac SPC's service providers?
Its Form ADV lists Crowe Horwath Cayman LTD as auditor and JTC Fund Services (Cayman) LTD. as administrator.