AltMountain

Ascent Focused Equity, LP

New York, NY · CIK 1849847 · Managed by Ascent Funds Management LLC

Ascent Focused Equity, LP is a hedge fund based in New York, New York. According to its most recent Form D, filed May 13, 2025, the fund has sold $120,110,744 of interests to 145 investors since its first sale in May 2021. The filing does not set a minimum investment. 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. Related persons named in the filing include a limited liability company Summit Trail Advisors, LLC; Joseph Erigo.

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
$120,110,744Cumulative sales reported on Form D
Investors
145
First sale
May 1, 2021
Minimum investment
None set
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
a limited liability company Summit Trail Advisors, LLC; Joseph Erigo
Latest Form D
May 13, 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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Ascent Focused Equity, LP

What is the minimum investment for Ascent Focused Equity, LP?

Ascent Focused Equity, LP's latest Form D, filed May 13, 2025, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Ascent Focused Equity, LP?

Ascent Focused Equity, LP 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 Ascent Focused Equity, LP raised?

Ascent Focused Equity, LP reports $120,110,744 sold from 145 investors on its Form D filed May 13, 2025. This is cumulative sales since the offering began, not current assets or performance.

Where is Ascent Focused Equity, LP based?

Ascent Focused Equity, LP is based in New York, New York and is managed by Ascent Funds Management LLC.

When did Ascent Focused Equity, LP launch?

Ascent Focused Equity, LP reports its first sale in May 2021.

Size compared with every hedge fund

Raised more than 58% of the 2,544 hedge funds based in New York, and more than 61% of all 10,307 that report sales.

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