Clear Lagoon Fund LP is a hedge fund based in Mine Hill, New Jersey. According to its most recent Form D, filed Feb 6, 2026, the fund has sold $3,850,010 of interests to 20 investors since its first sale in Feb 2025. The minimum investment it accepts from an outside investor is $100,000. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Clear Lagoon Capital LLC; Kartik Patel.
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
- $3,850,010Cumulative sales reported on Form D
- Investors
- 20
- First sale
- Feb 1, 2025
- Minimum investment
- $100,000
- 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
- Clear Lagoon Capital LLC; Kartik Patel
- Latest Form D
- Feb 6, 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 Clear Lagoon Fund LP
What is the minimum investment for Clear Lagoon Fund LP?
According to its latest Form D, filed Feb 6, 2026, the minimum investment Clear Lagoon Fund LP accepts from an outside investor is $100,000.
Who can invest in Clear Lagoon Fund LP?
Clear Lagoon 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 Clear Lagoon Fund LP raised?
Clear Lagoon Fund LP reports $3,850,010 sold from 20 investors on its Form D filed Feb 6, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Clear Lagoon Fund LP based?
Clear Lagoon Fund LP is based in Mine Hill, New Jersey.
When did Clear Lagoon Fund LP launch?
Clear Lagoon Fund LP reports its first sale in Feb 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every hedge fund
Raised more than 28% of the 211 hedge funds based in New Jersey, and more than 13% of all 10,129 that report sales.