Universal Diamond Fund, LP is a hedge fund based in Miami, Florida. According to its most recent Form D, filed Mar 26, 2014, the fund has sold $2,575,000 of interests to 3 investors since its first sale in Feb 2014. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Universal Diamond Management, LLC; Daniel Furman; Bradley Meier.
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
- $2,575,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Feb 12, 2014
- Minimum investment
- $250,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Universal Diamond Management, LLC; Daniel Furman; Bradley Meier
- Latest Form D
- Mar 26, 2014
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 Universal Diamond Fund, LP
What is the minimum investment for Universal Diamond Fund, LP?
According to its latest Form D, filed Mar 26, 2014, the minimum investment Universal Diamond Fund, LP accepts from an outside investor is $250,000.
Who can invest in Universal Diamond Fund, LP?
Universal Diamond Fund, LP 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(b), which does not allow general advertising.
How much has Universal Diamond Fund, LP raised?
Universal Diamond Fund, LP reports $2,575,000 sold from 3 investors on its Form D filed Mar 26, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Universal Diamond Fund, LP based?
Universal Diamond Fund, LP is based in Miami, Florida.
When did Universal Diamond Fund, LP launch?
Universal Diamond Fund, LP reports its first sale in Feb 2014.
Size compared with every hedge fund
Raised more than 32% of the 741 hedge funds based in Florida, and more than 10% of all 10,134 that report sales.