Tosca Recovery Select SPV is a hedge fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Sep 16, 2021, the fund has sold $1,300,000 of interests to 1 investor since its first sale in Sep 2021. 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 Johnny de la Hey; Gil Caffray; Toscafund Asset Management LLP.
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
- $1,300,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Sep 1, 2021
- 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
- Johnny de la Hey; Gil Caffray; Toscafund Asset Management LLP
- Latest Form D
- Sep 16, 2021
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 Tosca Recovery Select SPV
What is the minimum investment for Tosca Recovery Select SPV?
According to its latest Form D, filed Sep 16, 2021, the minimum investment Tosca Recovery Select SPV accepts from an outside investor is $100,000.
Who can invest in Tosca Recovery Select SPV?
Tosca Recovery Select SPV 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 Tosca Recovery Select SPV raised?
Tosca Recovery Select SPV reports $1,300,000 sold from 1 investor on its Form D filed Sep 16, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Tosca Recovery Select SPV based?
Tosca Recovery Select SPV is based in Grand Cayman, Cayman Islands.
When did Tosca Recovery Select SPV launch?
Tosca Recovery Select SPV reports its first sale in Sep 2021.
Size compared with every hedge fund
Raised more than 14% of the 2,346 hedge funds based in Cayman Islands, and more than 7% of all 10,140 that report sales.