Algonquin Fund LP is a hedge fund based in Greenwich, Connecticut. According to its most recent Form D, filed Feb 20, 2019, the fund has sold $50,271,882 of interests to 22 investors since its first sale in Apr 2005. The minimum investment it accepts from an outside investor is $50,000. 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. Related persons named in the filing include George Hubbard.
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
- $50,271,882Cumulative sales reported on Form D
- Investors
- 22
- First sale
- Apr 1, 2005
- Minimum investment
- $50,000
- 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
- George Hubbard
- Latest Form D
- Feb 20, 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 Algonquin Fund LP
What is the minimum investment for Algonquin Fund LP?
According to its latest Form D, filed Feb 20, 2019, the minimum investment Algonquin Fund LP accepts from an outside investor is $50,000.
Who can invest in Algonquin Fund LP?
Algonquin Fund 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 Algonquin Fund LP raised?
Algonquin Fund LP reports $50,271,882 sold from 22 investors on its Form D filed Feb 20, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Algonquin Fund LP based?
Algonquin Fund LP is based in Greenwich, Connecticut.
When did Algonquin Fund LP launch?
Algonquin Fund LP reports its first sale in Apr 2005.
Size compared with every hedge fund
Raised more than 56% of the 860 hedge funds based in Connecticut, and more than 46% of all 10,128 that report sales.