Simplex Value Up Trust is a private investment fund based in Hong Kong, Hong Kong. According to its most recent Form D, filed Nov 19, 2013, it has sold $132,000,000 of interests to 11 investors since its first sale in Nov 2012. The minimum investment it accepts from an outside investor is $300,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Cheung Flora.
- Total raised
- $132,000,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Nov 1, 2012
- Minimum investment
- $300,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Cheung Flora
- Latest Form D
- Nov 19, 2013
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 Simplex Value Up Trust
What is the minimum investment for Simplex Value Up Trust?
According to its latest Form D, filed Nov 19, 2013, the minimum investment Simplex Value Up Trust accepts from an outside investor is $300,000.
Who can invest in Simplex Value Up Trust?
Simplex Value Up Trust 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Simplex Value Up Trust raised?
Simplex Value Up Trust reports $132,000,000 sold from 11 investors on its Form D filed Nov 19, 2013. This is cumulative sales since the offering began, not current assets or performance.
Where is Simplex Value Up Trust based?
Simplex Value Up Trust is based in Hong Kong, Hong Kong.
When did Simplex Value Up Trust launch?
Simplex Value Up Trust reports its first sale in Nov 2012.
Size compared with every private investment fund
Raised more than 88% of the 16 private investment funds based in Hong Kong, and more than 74% of all 10,212 that report sales.