Chakra Onshore Fund LP is a hedge fund based in Boston, Massachusetts. According to its most recent Form D, filed Sep 25, 2018, the fund has sold $10,750,000 of interests to 12 investors since its first sale in Jun 2017. 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 Chakra Capital Partners LP; Chakra Capital LLC; Gopal Reddy.
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
- $10,750,000Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Jun 28, 2017
- 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
- Chakra Capital Partners LP; Chakra Capital LLC; Gopal Reddy
- Latest Form D
- Sep 25, 2018
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 Chakra Onshore Fund LP
What is the minimum investment for Chakra Onshore Fund LP?
Chakra Onshore Fund LP's latest Form D, filed Sep 25, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Chakra Onshore Fund LP?
Chakra Onshore Fund 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 Chakra Onshore Fund LP raised?
Chakra Onshore Fund LP reports $10,750,000 sold from 12 investors on its Form D filed Sep 25, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Chakra Onshore Fund LP based?
Chakra Onshore Fund LP is based in Boston, Massachusetts.
When did Chakra Onshore Fund LP launch?
Chakra Onshore Fund LP reports its first sale in Jun 2017.
Size compared with every hedge fund
Raised more than 18% of the 474 hedge funds based in Massachusetts, and more than 22% of all 10,144 that report sales.