Strata CLO I, Ltd. is a private investment fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jan 2, 2019, it has sold $405,300,000 of interests to 64 investors since its first sale in Dec 2018. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include HPS Investment Partners, LLC; Sheraim Mascal; Richard Gordon.
- Total raised
- $405,300,000Cumulative sales reported on Form D
- Investors
- 64
- First sale
- Dec 17, 2018
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- HPS Investment Partners, LLC; Sheraim Mascal; Richard Gordon
- Latest Form D
- Jan 2, 2019
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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Strata CLO I, Ltd.
What is the minimum investment for Strata CLO I, Ltd.?
According to its latest Form D, filed Jan 2, 2019, the minimum investment Strata CLO I, Ltd. accepts from an outside investor is $100,000.
Who can invest in Strata CLO I, Ltd.?
Strata CLO I, 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). It uses Rule 506(b), which does not allow general advertising.
How much has Strata CLO I, Ltd. raised?
Strata CLO I, Ltd. reports $405,300,000 sold from 64 investors on its Form D filed Jan 2, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Strata CLO I, Ltd. based?
Strata CLO I, Ltd. is based in Grand Cayman, Cayman Islands.
When did Strata CLO I, Ltd. launch?
Strata CLO I, Ltd. reports its first sale in Dec 2018.
Size compared with every private investment fund
Raised more than 85% of the 577 private investment funds based in Cayman Islands, and more than 86% of all 10,266 that report sales.