Axfund, LP is a hedge fund based in Englewood, New Jersey. According to its most recent Form D, filed Jan 16, 2019, the fund has sold $7,261,593 of interests to 34 investors since its first sale in Aug 2011. 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. Related persons named in the filing include Alphonse Soued; Axfund GP, LLC.
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
- $7,261,593Cumulative sales reported on Form D
- Investors
- 34
- First sale
- Aug 1, 2011
- 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
- Alphonse Soued; Axfund GP, LLC
- Latest Form D
- Jan 16, 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 Axfund, LP
What is the minimum investment for Axfund, LP?
According to its latest Form D, filed Jan 16, 2019, the minimum investment Axfund, LP accepts from an outside investor is $100,000.
Who can invest in Axfund, LP?
Axfund, 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 Axfund, LP raised?
Axfund, LP reports $7,261,593 sold from 34 investors on its Form D filed Jan 16, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Axfund, LP based?
Axfund, LP is based in Englewood, New Jersey.
When did Axfund, LP launch?
Axfund, LP reports its first sale in Aug 2011.
Size compared with every hedge fund
Raised more than 35% of the 211 hedge funds based in New Jersey, and more than 18% of all 10,119 that report sales.