AltMountain

Broad Reach Capital LP

Conshohocken, PA · CIK 1675889
Status: no Form D since Dec 2017. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Broad Reach Capital LP is a hedge fund based in Conshohocken, Pennsylvania. According to its most recent Form D, filed Dec 27, 2017, the fund has sold $55,000,000 of interests to 16 investors since its first sale in Oct 2016. The minimum investment it accepts from an outside investor is $1,000,000. 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 Brenda Smith.

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
$55,000,000Cumulative sales reported on Form D
Investors
16
First sale
Oct 1, 2016
Minimum investment
$1,000,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Net asset value range
$5,000,001 - $25,000,000Self-reported
Key people and entities
Brenda Smith
Latest Form D
Dec 27, 2017

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 Broad Reach Capital LP

What is the minimum investment for Broad Reach Capital LP?

According to its latest Form D, filed Dec 27, 2017, the minimum investment Broad Reach Capital LP accepts from an outside investor is $1,000,000.

Who can invest in Broad Reach Capital LP?

Broad Reach Capital 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 Broad Reach Capital LP raised?

Broad Reach Capital LP reports $55,000,000 sold from 16 investors on its Form D filed Dec 27, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Broad Reach Capital LP based?

Broad Reach Capital LP is based in Conshohocken, Pennsylvania.

When did Broad Reach Capital LP launch?

Broad Reach Capital LP reports its first sale in Oct 2016.

Size compared with every hedge fund

Raised more than 63% of the 139 hedge funds based in Pennsylvania, and more than 48% of all 10,129 that report sales.

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