151 Alternative Performance Fund I LLC is a private investment fund based in Southlake, Texas. According to its most recent Form D, filed Oct 21, 2025, it has sold $5,052,887 of interests to 23 investors since its first sale in Jul 2021. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include 151 Capital Management LLC; Brandon Chu; 151 Capital Performance LLC.
- Total raised
- $5,052,887Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Jul 1, 2021
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- 151 Capital Management LLC; Brandon Chu; 151 Capital Performance LLC
- Latest Form D
- Oct 21, 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 AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 151 Alternative Performance Fund I LLC
What is the minimum investment for 151 Alternative Performance Fund I LLC?
151 Alternative Performance Fund I LLC's latest Form D, filed Oct 21, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 151 Alternative Performance Fund I LLC?
151 Alternative Performance Fund I LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has 151 Alternative Performance Fund I LLC raised?
151 Alternative Performance Fund I LLC reports $5,052,887 sold from 23 investors on its Form D filed Oct 21, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is 151 Alternative Performance Fund I LLC based?
151 Alternative Performance Fund I LLC is based in Southlake, Texas.
When did 151 Alternative Performance Fund I LLC launch?
151 Alternative Performance Fund I LLC reports its first sale in Jul 2021, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 46% of the 879 private investment funds based in Texas, and more than 32% of all 10,287 that report sales.