Yes, this fund is open-ended, also known as an evergreen fund. We calculate Net Asset Value (NAV) on a semi-annual basis and allow investors to subscribe and redeem at the current share price. Subscriptions are at a fixed price of $50,000 per unit. When an investor redeems, they are due the amount of their capital account, which is going to be equal to their amount invested plus any accrued but unpaid distributions.

Yes, investing in the private fund is completely passive. When investing in a private fund, you are leveraging our management company’s experience in this business and participate in a diversified portfolio. Investors receive their quarterly return by ACH wire or have the option of having their distribution reinvested in additional units in the fund.

If you invest, you become a part owner of the fund versus a specific note. Therefore, your capital is diversified across all the notes in the portfolio.

Yes, you must be an accredited investor to invest in both the ILS Short Term Fund I LP - Growth Fund and ILS Long Term Fund I LP - Income Fund.

Yes, our funds allow investment through qualified retirement money. This must be done through a self-directed IRA or 401K. If you don’t yet have a self-directed account, we can make introductions to several custodians that we have worked with.

No, our funds do not generate UBIT but may, on rare occasions, trigger UDFI tax. Please consult your IRA custodian or tax specialist.

Investors should consult with their trusted accountants and attorneys to ensure they understand all tax implications prior to investing. We will provide each investor with a K-1 form for tax purposes.