Convergence Equity Partners, LP
Convergence Equity Partners, LP is a hedge fund based in Mill Valley, California. According to its most recent Form D, filed Feb 26, 2018, the fund has sold $10,947,248 of interests to 67 investors since its first sale in Mar 2013. 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 Convergence Investment Management, LLC; Charles Gray.
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
- $10,947,248Cumulative sales reported on Form D
- Investors
- 67
- First sale
- Mar 1, 2013
- 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
- Convergence Investment Management, LLC; Charles Gray
- Latest Form D
- Feb 26, 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 Convergence Equity Partners, LP
What is the minimum investment for Convergence Equity Partners, LP?
Convergence Equity Partners, LP's latest Form D, filed Feb 26, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Convergence Equity Partners, LP?
Convergence Equity Partners, 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 Convergence Equity Partners, LP raised?
Convergence Equity Partners, LP reports $10,947,248 sold from 67 investors on its Form D filed Feb 26, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Convergence Equity Partners, LP based?
Convergence Equity Partners, LP is based in Mill Valley, California.
When did Convergence Equity Partners, LP launch?
Convergence Equity Partners, LP reports its first sale in Mar 2013.
Size compared with every hedge fund
Raised more than 36% of the 1,049 hedge funds based in California, and more than 22% of all 10,127 that report sales.