Blackbeard Capital LP
Blackbeard Capital LP is a hedge fund based in Annapolis, Maryland. According to its most recent Form D, filed Dec 18, 2025, the fund has sold $39,450,000 of interests to 2 investors since its first sale in Jan 2016. The minimum investment it accepts from an outside investor is $250,000. 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 Jacob Rasmussen; Blackbeard Capital Management LLC.
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
- $39,450,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Jan 1, 2016
- Minimum investment
- $250,000
- 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
- Jacob Rasmussen; Blackbeard Capital Management LLC
- Latest Form D
- Dec 18, 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 Blackbeard Capital LP
What is the minimum investment for Blackbeard Capital LP?
According to its latest Form D, filed Dec 18, 2025, the minimum investment Blackbeard Capital LP accepts from an outside investor is $250,000.
Who can invest in Blackbeard Capital LP?
Blackbeard Capital 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 Blackbeard Capital LP raised?
Blackbeard Capital LP reports $39,450,000 sold from 2 investors on its Form D filed Dec 18, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Blackbeard Capital LP based?
Blackbeard Capital LP is based in Annapolis, Maryland.
When did Blackbeard Capital LP launch?
Blackbeard Capital LP reports its first sale in Jan 2016.
Size compared with every hedge fund
Raised more than 48% of the 62 hedge funds based in Maryland, and more than 42% of all 10,308 that report sales.