Absolute Strategies Partners LP is a hedge fund based in Austin, Texas. According to its most recent Form D, filed Mar 25, 2026, the fund has sold $1,000,000 of interests to 10 investors since its first sale in Jun 2023. The minimum investment it accepts from an outside investor is $100,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Chad Karnes.
Performance
No verified 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
- $1,000,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Jun 30, 2023
- Minimum investment
- $100,000
- 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
- Chad Karnes
- Latest Form D
- Mar 25, 2026
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 Absolute Strategies Partners LP
What is the minimum investment for Absolute Strategies Partners LP?
According to its latest Form D, filed Mar 25, 2026, the minimum investment Absolute Strategies Partners LP accepts from an outside investor is $100,000.
Who can invest in Absolute Strategies Partners LP?
Absolute Strategies Partners LP 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 Absolute Strategies Partners LP raised?
Absolute Strategies Partners LP reports $1,000,000 sold from 10 investors on its Form D filed Mar 25, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Absolute Strategies Partners LP based?
Absolute Strategies Partners LP is based in Austin, Texas.
When did Absolute Strategies Partners LP launch?
Absolute Strategies Partners LP reports its first sale in Jun 2023, 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 hedge fund
Raised more than 16% of the 631 hedge funds based in Texas, and more than 5% of all 10,308 that report sales.