Courage Special Situations Fund LP
Courage Special Situations Fund LP is a hedge fund based in Wilmington, Delaware. According to its most recent Form D, filed Jun 3, 2026, the fund has sold $654,554,188 of interests to 110 investors since its first sale in Sep 1998. The minimum investment it accepts from an outside investor is $2,000,000. 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 William Cowan; Courage Investments Inc; William Langan.
Performance
No verified 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
- $654,554,188Cumulative sales reported on Form D
- Investors
- 110
- First sale
- Sep 1, 1998
- Minimum investment
- $2,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- William Cowan; Courage Investments Inc; William Langan
- Latest Form D
- Jun 3, 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 Courage Special Situations Fund LP
What is the minimum investment for Courage Special Situations Fund LP?
According to its latest Form D, filed Jun 3, 2026, the minimum investment Courage Special Situations Fund LP accepts from an outside investor is $2,000,000.
Who can invest in Courage Special Situations Fund LP?
Courage Special Situations Fund 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 Courage Special Situations Fund LP raised?
Courage Special Situations Fund LP reports $654,554,188 sold from 110 investors on its Form D filed Jun 3, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Courage Special Situations Fund LP based?
Courage Special Situations Fund LP is based in Wilmington, Delaware.
When did Courage Special Situations Fund LP launch?
Courage Special Situations Fund LP reports its first sale in Sep 1998.
Size compared with every hedge fund
Raised more than 91% of the 190 hedge funds based in Delaware, and more than 85% of all 10,307 that report sales.