Raised
$25M
Investors
103
Min Invest
$100,000
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AltStreet Analysis
·Generated from EDGAR primary sources
HedgePremier/PARS Offshore Fund Ltd. is a Cayman Islands-domiciled pooled investment fund that filed an amended Form D on June 16, 2015, reporting $25.4M raised from 103 investors under Rule 506(b) and Section 3(c) exemptions. The fund is promoted by n/a Morgan Stanley AI GP LLC with a $100K minimum investment. No parent platform or related entities are currently matched in the AltStreet database.
This offshore pooled investment fund operates under the common 506(b)/3(c) exemption structure typical of hedge funds targeting accredited and qualified purchasers. The $100K minimum investment represents a mid-tier entry point, accessible relative to institutional-only funds but selective compared to retail alternatives.
Data Flags
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
AltStreet Coverage
Original reporting from AltStreet's daily EDGAR monitoring covering iCapital and its filings.
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Capital Raise Timeline
5 Form D filings from Feb 3, 2012 to Jun 16, 2015, the latest a D/A.
In the Terminal
Filing events
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Statements extracted
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none on file
NAV prints
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Offering chains
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Investor
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Item 3 changed on the Form D filed 2015-06-16: 1 related person added and 1 removed against the filing of 2015-02-03; 8 now listed. The names are in the Terminal feed.
n/a Morgan Stanley AI GP LLC
Promoter · New York, NY
Michael Korn
Director · New York, NY
Colbert Narcisse
Director · New York, NY
Jeremy Beal
Director · New York, NY
James Bruno
Director · New York, NY
Michael Davies
Director · New York, NY
Scott Steele
Director · New York, NY
Alper Dagloiglu
Director · New York, NY
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
Morgan Stanley Smith Barney LLCCRD 149777 on BrokerCheck
Associated broker-dealer: None · Purchase, NY · Soliciting in all states
Questions About HedgePremier/PARS Offshore Fund Ltd.
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is HedgePremier/PARS Offshore Fund Ltd.?
HedgePremier/PARS Offshore Fund Ltd. is a Cayman Islands entity organized in 2011 that filed a Form D with the SEC on June 16, 2015 as a hedge fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests. AltStreet links the issuer to iCapital.
Is HedgePremier/PARS Offshore Fund Ltd. legit?
AltStreet does not rate legitimacy; it reports the public record. HedgePremier/PARS Offshore Fund Ltd. filed a Form D with the SEC on June 16, 2015 claiming Rule 506(b), Section 3(c), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $25,414,779 sold to 103 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to iCapital, which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is HedgePremier/PARS Offshore Fund Ltd. registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that HedgePremier/PARS Offshore Fund Ltd. claimed Rule 506(b), Section 3(c), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has HedgePremier/PARS Offshore Fund Ltd. raised?
HedgePremier/PARS Offshore Fund Ltd. reported $25,414,779 sold from 103 investors in an offering of indefinite size as of the Form D filed June 16, 2015.
Who can invest in HedgePremier/PARS Offshore Fund Ltd.?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $100,000.
What is the minimum investment in HedgePremier/PARS Offshore Fund Ltd.?
The Form D lists $100,000 as the minimum investment accepted from any outside investor as of June 16, 2015. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling HedgePremier/PARS Offshore Fund Ltd. and how are they paid?
The Form D names Morgan Stanley Smith Barney LLC (CRD 149777), associated with None as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $145,175 and finders' fees as $0. Form D allows these to be estimates.
Who is behind HedgePremier/PARS Offshore Fund Ltd.?
The Form D lists 8 related persons: Morgan Stanley AI GP LLC, promoter (Program Manager); Michael Korn, director (Director of the Issuer); Colbert Narcisse, director (Director of the Issuer); Jeremy Beal, director (Director of the Issuer); James Bruno, director (Director of the Issuer); Michael Davies, director (Director of Program Manager); Scott Steele, director (Director of Program Manager); Alper Dagloiglu, director (Director of Program Manager). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is HedgePremier/PARS Offshore Fund Ltd. located?
The issuer's address on its SEC filings is Maples Corporate Services Limited, Ugland House, South Church Street, George Town, Grand Cayman, E9 KY1-1104. Its phone number of record is 212-296-1999. It is organized under the laws of Cayman Islands.
How long is the HedgePremier/PARS Offshore Fund Ltd. offering open?
The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 4 amendments are on record for this CIK.
How large is HedgePremier/PARS Offshore Fund Ltd.?
The issuer declined to disclose its net asset value range on the Form D, which the form permits.
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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.