BreakAway Capital LP
BreakAway Capital LP is a hedge fund based in Montecito, California. According to its most recent Form D, filed Dec 9, 2015, the fund has sold $606,000 of interests to 3 investors since its first sale in Jan 2015. The filing does not set a minimum investment. 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 Shannon Peace; BreakAway Management 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.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $606,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Jan 1, 2015
- Minimum investment
- None set
- 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
- Shannon Peace; BreakAway Management LLC
- Latest Form D
- Dec 9, 2015
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 BreakAway Capital LP
What is the minimum investment for BreakAway Capital LP?
BreakAway Capital LP's latest Form D, filed Dec 9, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in BreakAway Capital LP?
BreakAway 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 BreakAway Capital LP raised?
BreakAway Capital LP reports $606,000 sold from 3 investors on its Form D filed Dec 9, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is BreakAway Capital LP based?
BreakAway Capital LP is based in Montecito, California.
When did BreakAway Capital LP launch?
BreakAway Capital LP reports its first sale in Jan 2015.
Size compared with every hedge fund
Raised more than 16% of the 1,049 hedge funds based in California, and more than 4% of all 10,127 that report sales.