Black Bear Lta Fund I LP
Black Bear Lta Fund I LP is a hedge fund based in Newport Beach, California. According to its most recent Form D, filed Jul 14, 2026, the fund has sold $176,180,379 of interests to 3 investors since its first sale in May 2019. The minimum investment it accepts from an outside investor is $1. 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 LongTail Alpha LLC; Vineer Bhansali.
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.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $176,180,379Cumulative sales reported on Form D
- Investors
- 3
- First sale
- May 29, 2019
- Minimum investment
- $1
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- LongTail Alpha LLC; Vineer Bhansali
- Latest Form D
- Jul 14, 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 Black Bear Lta Fund I LP
What is the minimum investment for Black Bear Lta Fund I LP?
According to its latest Form D, filed Jul 14, 2026, the minimum investment Black Bear Lta Fund I LP accepts from an outside investor is $1.
Who can invest in Black Bear Lta Fund I LP?
Black Bear Lta Fund I 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 Black Bear Lta Fund I LP raised?
Black Bear Lta Fund I LP reports $176,180,379 sold from 3 investors on its Form D filed Jul 14, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Black Bear Lta Fund I LP based?
Black Bear Lta Fund I LP is based in Newport Beach, California and is managed by Longtail Alpha, LLC.
When did Black Bear Lta Fund I LP launch?
Black Bear Lta Fund I LP reports its first sale in May 2019.
Size compared with every hedge fund
Raised more than 75% of the 1,060 hedge funds based in California, and more than 67% of all 10,308 that report sales.