Crestone Alternative Strategies LP is a hedge fund based in Boulder, Colorado. According to its most recent Form D, filed Oct 28, 2025, the fund has sold $972,800,070 of interests to 198 investors since its first sale in Dec 2001. The minimum investment it accepts from an outside investor is $500,000. 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 Pathstone Asset Management LLC; Pathstone Alternative Partners LLC.
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
- $972,800,070Cumulative sales reported on Form D
- Investors
- 198
- First sale
- Dec 1, 2001
- Minimum investment
- $500,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Pathstone Asset Management LLC; Pathstone Alternative Partners LLC
- Latest Form D
- Oct 28, 2025
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 Crestone Alternative Strategies LP
What is the minimum investment for Crestone Alternative Strategies LP?
According to its latest Form D, filed Oct 28, 2025, the minimum investment Crestone Alternative Strategies LP accepts from an outside investor is $500,000.
Who can invest in Crestone Alternative Strategies LP?
Crestone Alternative Strategies 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 Crestone Alternative Strategies LP raised?
Crestone Alternative Strategies LP reports $972,800,070 sold from 198 investors on its Form D filed Oct 28, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Crestone Alternative Strategies LP based?
Crestone Alternative Strategies LP is based in Boulder, Colorado.
When did Crestone Alternative Strategies LP launch?
Crestone Alternative Strategies LP reports its first sale in Dec 2001.
Size compared with every hedge fund
Raised more than 96% of the 114 hedge funds based in Colorado, and more than 89% of all 10,307 that report sales.