Pillar Value Fund Ltd is a hedge fund based in Hamilton, Bermuda. According to its most recent Form D, filed May 8, 2023, the fund has sold $89,050,000 of interests to 15 investors since its first sale in Jan 2013. 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 John Brown; Stephen Velotti; Malcolm Mitchell.
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
- $89,050,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Jan 1, 2013
- 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
- John Brown; Stephen Velotti; Malcolm Mitchell
- Latest Form D
- May 8, 2023
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 Pillar Value Fund Ltd
What is the minimum investment for Pillar Value Fund Ltd?
According to its latest Form D, filed May 8, 2023, the minimum investment Pillar Value Fund Ltd accepts from an outside investor is $100,000.
Who can invest in Pillar Value Fund Ltd?
Pillar Value Fund 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 Pillar Value Fund Ltd raised?
Pillar Value Fund Ltd reports $89,050,000 sold from 15 investors on its Form D filed May 8, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Pillar Value Fund Ltd based?
Pillar Value Fund Ltd is based in Hamilton, Bermuda.
When did Pillar Value Fund Ltd launch?
Pillar Value Fund Ltd reports its first sale in Jan 2013.
Size compared with every hedge fund
Raised more than 48% of the 101 hedge funds based in Bermuda, and more than 55% of all 10,102 that report sales.