45th Parallel Capital, L.P.
45th Parallel Capital, L.P. is a hedge fund based in Glen Arbor, Michigan. According to its most recent Form D, filed Feb 15, 2019, the fund has sold $1,900,000 of interests to 8 investors since its first sale in Nov 2017. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include 45th Parallel Partners, LLC; 45th Parallel Advisors, LLC; Robert Berlacher.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $1,900,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Nov 20, 2017
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- 45th Parallel Partners, LLC; 45th Parallel Advisors, LLC; Robert Berlacher
- Latest Form D
- Feb 15, 2019
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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 45th Parallel Capital, L.P.
What is the minimum investment for 45th Parallel Capital, L.P.?
45th Parallel Capital, L.P.'s latest Form D, filed Feb 15, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 45th Parallel Capital, L.P.?
45th Parallel Capital, L.P. is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has 45th Parallel Capital, L.P. raised?
45th Parallel Capital, L.P. reports $1,900,000 sold from 8 investors on its Form D filed Feb 15, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is 45th Parallel Capital, L.P. based?
45th Parallel Capital, L.P. is based in Glen Arbor, Michigan.
When did 45th Parallel Capital, L.P. launch?
45th Parallel Capital, L.P. reports its first sale in Nov 2017.
Size compared with every hedge fund
Raised more than 61% of the 28 hedge funds based in Michigan, and more than 8% of all 10,129 that report sales.