SCFD
SCFD is a hedge fund organized in Cayman Islands and advised by Magnetar Financial LLC. Its adviser reported $693,397,641 in gross assets for the fund on Form ADV, filed Nov 27, 2024. It reported 5 beneficial owners, about 89% of it owned by non-U.S. persons. The minimum investment it accepts is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $693,397,641As reported on Form ADV
- Beneficial owners
- 5
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Hedge fund
- Domicile
- Cayman Islands
- Auditor
- Ernst & Young LLP
- Administrator
- Northern Trust
- Prime broker
- Goldman Sachs & Co. LLC; J.P. Morgan Securities LLC; Citigroup Global Markets Inc.; BNP Paribas Securities Corp.
- Custodian
- Citigroup Global Markets Inc.; U.S. Bank National Association; Merrill Lynch Professional Clearing Corp.; Goldman Sachs & Co. LLC
- Adviser
- Magnetar Financial LLC · Evanston, IL · CRD 136045
- Reported on
- Nov 27, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about SCFD
What is the minimum investment for SCFD?
According to its adviser's Form ADV filed Nov 27, 2024, the minimum investment SCFD accepts is $100,000.
Who can invest in SCFD?
SCFD 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 large is SCFD?
Its adviser reported $693,397,641 in gross assets on Form ADV filed Nov 27, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages SCFD?
SCFD is advised by Magnetar Financial LLC, based in Evanston, IL.
Who are SCFD's service providers?
Its Form ADV lists Ernst & Young LLP as auditor and Northern Trust as administrator.