At a glance
- Fee and redemption terms were not disclosed.
- For advisors, the $5 million minimum puts the vehicle at family-office scale rather than on a model-portfolio shelf, making fee and redemption terms the due-diligence questions for an allocation.
- AQR also filed Oct. 29 for the AQR Custom Low Beta Fund, reporting $50,000 sold since an Oct. 20 first sale, as Alternatives previously reported.
AQR Delphi Equity Market Neutral Offshore Fund Ltd., an offshore hedge fund, reported $177.9 million sold in a Form D filed Nov. 5, with a first sale on July 1.
The filing sets a $5 million minimum investment and names AQR Investments LLC as placement agent. It classifies the issuer as a pooled investment fund and hedge fund. Fee and redemption terms were not disclosed.
For advisors, the $5 million minimum puts the vehicle at family-office scale rather than on a model-portfolio shelf, making fee and redemption terms the due-diligence questions for an allocation.
AQR also filed Oct. 29 for the AQR Custom Low Beta Fund, reporting $50,000 sold since an Oct. 20 first sale, as Alternatives previously reported.
Reported by the Raises & Launches desk from SEC EDGAR Form D. Published . Corrections