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EDGAR Verified
Primary Source · SEC.gov

AIR Legal Finance Fund Offshore, LP

CIK 0002004071Fund Vehicle2024 vintage506(b), 3(c)(1)

Raised

$10M

Investors

23

Min Invest

$250,000

AltStreet Analysis

·

Generated from EDGAR primary sources

AIR Legal Finance Fund Offshore, LP is a Cayman Islands-domiciled pooled investment fund focused on litigation finance. This amended filing reports $10.1M raised from 23 investors under Rule 506(b) and Section 3(c)(1) exemptions, with a $250K minimum investment. The fund is managed by AIR Legal Finance Fund GC Management LLC, with executive officers Richard Beleutz, Stephen Luongo, and Matthew Schaefer.

Litigation finance funds typically employ private placement exemptions to pool capital for lawsuit investments and legal claim financing. The $250K minimum positions this as an accredited-investor vehicle, while the offshore Cayman structure is common for funds seeking tax efficiency and cross-border investor access. The 506(b) exemption limits general solicitation, consistent with relationship-driven capital raising in specialized alternative strategies.

Data Flags

generalOffshore domicile (Cayman Islands) filing Form D indicates cross-border fund structure
investor_count23 investors contributing $10.1M yields an average commitment of approximately $439K, slightly above the $250K minimum, suggesting a base of investors clustering near the entry threshold

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002004071
Entity NameAIR Legal Finance Fund Offshore, LP
Exemption506(b), 3(c)(1)
First Sale Date—
Filing DateDecember 11, 2024
Accession Number0002004071-24-000003
Total Amount Sold$10M
Total Investors23
Minimum Investment$250,000
Securities TypePooled Investment Fund
State of IncorporationNot specified
Amendment CountOriginal filing only

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

N/A AIR Legal Finance Fund GC Management LLC

Promoter · Chicago, IL

Richard Beleutz

Executive Officer · Chicago, IL

Stephen Luongo

Executive Officer · Chicago, IL

Matthew Schaefer

Executive Officer · Chicago, IL

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.