This sample hedge fund ppm 506(b) private placement memorandum for an LP is structured and operates under Section 3(c)(1) of the Investment Company Act. This is an actual offering document used to raise capital and is NOT a generic template sold by many competitors. You simply update the document, have your legal counsel review it, and save thousands of dollars.
UPDATED FOR 2022
Highlights:
- Regulation Rule 506(b)
- Can be used in all U.S. States
- No General Advertising or Solicitation
- Accredited Investors and up to 35 non-accredited investors
- Raise any amount of capital
- Form D Filing within 15 days after receiving first investment
- Used by LLCs, LPs, S Corps, C Corps, Hedge Funds, Real Estate Funds, Private Equity
This private placement memorandum is structured with a management fee, performance (carried interest) fee, lockup period, high water mark, ERISA & tax summary, and state jurisdictional legends.
Included in this package:
- Hedge Fund Limited partnership agreement (Word-23 pages)
- 506(b) Private Placement Memorandum (MS Word)
- Investor questionnaire & Subscription Agreement (MS Word 21 pages)
- Investment Management Agreement (MS Word)
- Foreign Country Legend (MS Word)
- U.S. State Jurisdictional Legends (MS Word)
- Accredited Investor Verification Letter-506(c) (MS Word)
- AML/Patriot Act Certification Letter (Word/Pdf)
- SEC Form D
- Form U-2 Securities Registration Form
- PPM distribution list (excel)
- UPDATED December 2022
