Permal Systematic Macro Ltd. is a hedge fund based in Tortola, Virgin Islands, British. According to its most recent Form D, filed Mar 16, 2015, the fund has sold $1,102,868 of interests to 2 investors since its first sale in Sep 2006. 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 Raymond Mason; William Waters; Isaac Souede.
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
- $1,102,868Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Sep 18, 2006
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Net asset value range
- $25,000,001 - $50,000,000Self-reported
- Key people and entities
- Raymond Mason; William Waters; Isaac Souede
- Latest Form D
- Mar 16, 2015
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 Permal Systematic Macro Ltd.
What is the minimum investment for Permal Systematic Macro Ltd.?
According to its latest Form D, filed Mar 16, 2015, the minimum investment Permal Systematic Macro Ltd. accepts from an outside investor is $100,000.
Who can invest in Permal Systematic Macro Ltd.?
Permal Systematic Macro 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 Permal Systematic Macro Ltd. raised?
Permal Systematic Macro Ltd. reports $1,102,868 sold from 2 investors on its Form D filed Mar 16, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Permal Systematic Macro Ltd. based?
Permal Systematic Macro Ltd. is based in Tortola, Virgin Islands, British.
When did Permal Systematic Macro Ltd. launch?
Permal Systematic Macro Ltd. reports its first sale in Sep 2006.
Size compared with every hedge fund
Raised more than 25% of the 68 hedge funds based in Virgin Islands, British, and more than 6% of all 10,128 that report sales.