PIPE Select Fund LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Sep 22, 2010, the fund has sold $73,197,839 of interests to 19 investors since its first sale in Jul 2009. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. Related persons named in the filing include J. Hull.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $73,197,839Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Jul 1, 2009
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Other exemption
- Key people and entities
- J. Hull
- Latest Form D
- Sep 22, 2010
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 PIPE Select Fund LLC
What is the minimum investment for PIPE Select Fund LLC?
According to its latest Form D, filed Sep 22, 2010, the minimum investment PIPE Select Fund LLC accepts from an outside investor is $500,000.
Who can invest in PIPE Select Fund LLC?
PIPE Select Fund LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How much has PIPE Select Fund LLC raised?
PIPE Select Fund LLC reports $73,197,839 sold from 19 investors on its Form D filed Sep 22, 2010. This is cumulative sales since the offering began, not current assets or performance.
Where is PIPE Select Fund LLC based?
PIPE Select Fund LLC is based in New York, New York.
When did PIPE Select Fund LLC launch?
PIPE Select Fund LLC reports its first sale in Jul 2009.
Size compared with every hedge fund
Raised more than 49% of the 2,503 hedge funds based in New York, and more than 52% of all 10,102 that report sales.