ALM First Absolute Return Fund, LLC is a private investment fund based in Dallas, Texas. According to its most recent Form D, filed May 5, 2026, it has sold $40,000,000 of interests to 4 investors since its first sale in May 2026. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. 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 Jason Haley.
- Total raised
- $40,000,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- May 1, 2026
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jason Haley
- Latest Form D
- May 5, 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. 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 ALM First Absolute Return Fund, LLC
What is the minimum investment for ALM First Absolute Return Fund, LLC?
According to its latest Form D, filed May 5, 2026, the minimum investment ALM First Absolute Return Fund, LLC accepts from an outside investor is $500,000.
Who can invest in ALM First Absolute Return Fund, LLC?
ALM First Absolute Return Fund, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has ALM First Absolute Return Fund, LLC raised?
ALM First Absolute Return Fund, LLC reports $40,000,000 sold from 4 investors on its Form D filed May 5, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is ALM First Absolute Return Fund, LLC based?
ALM First Absolute Return Fund, LLC is based in Dallas, Texas.
When did ALM First Absolute Return Fund, LLC launch?
ALM First Absolute Return Fund, LLC reports its first sale in May 2026, 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 69% of the 920 private investment funds based in Texas, and more than 59% of all 10,425 that report sales.