FTIS Enhanced Liquid Income Offshore Fund, Ltd. is a hedge fund based in Wheaton, Illinois. According to its most recent Form D, filed Nov 18, 2025, the fund has sold $4,605,000 of interests to 16 investors since its first sale in Jan 2023. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, HedgeMountain classifies it as an emerging manager. Related persons named in the filing include Kevin Erndl; Kimberly Melen; Derek Candy.
- Total raised
- $4,605,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Jan 1, 2023
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Kevin Erndl; Kimberly Melen; Derek Candy
- Latest Form D
- Nov 18, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and HedgeMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures
Size compared with every hedge fund
Raised more than 25% of the 321 hedge funds based in Illinois, and more than 14% of all 10,157 that report sales.
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