ZAL Ltd is a private equity fund based in Grand Cayman, Cayman Islands. According to its most recent Form D, filed Nov 15, 2018, it has sold $48,500,000 of interests to 3 investors since its first sale in Sep 2018. The filing does not set a minimum investment. 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 Zephryus Partners I, LLC; Virgo Investment Group LLC.
- Total raised
- $48,500,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Sep 19, 2018
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Zephryus Partners I, LLC; Virgo Investment Group LLC
- Latest Form D
- Nov 15, 2018
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 ZAL Ltd
What is the minimum investment for ZAL Ltd?
ZAL Ltd's latest Form D, filed Nov 15, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in ZAL Ltd?
ZAL 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 ZAL Ltd raised?
ZAL Ltd reports $48,500,000 sold from 3 investors on its Form D filed Nov 15, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is ZAL Ltd based?
ZAL Ltd is based in Grand Cayman, Cayman Islands.
When did ZAL Ltd launch?
ZAL Ltd reports its first sale in Sep 2018.
Size compared with every private equity fund
Raised more than 68% of the 340 private equity funds based in Cayman Islands, and more than 63% of all 8,888 that report sales.