AltMountain

Daikon Fund, LLC

Alpharetta, GA · CIK 1833636
Status: no Form D since Apr 2023. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Daikon Fund, LLC is a hedge fund based in Alpharetta, Georgia. According to its most recent Form D, filed Apr 17, 2023, the fund has sold $1,790,830 of interests to 30 investors since its first sale in Feb 2021. The minimum investment it accepts from an outside investor is $25,000. 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. Related persons named in the filing include Ali Syed; Daikon Asset Management, LLC.

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
$1,790,830Cumulative sales reported on Form D
Investors
30
First sale
Feb 1, 2021
Minimum investment
$25,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Net asset value range
$1 - $5,000,000Self-reported
Key people and entities
Ali Syed; Daikon Asset Management, LLC
Latest Form D
Apr 17, 2023

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 Daikon Fund, LLC

What is the minimum investment for Daikon Fund, LLC?

According to its latest Form D, filed Apr 17, 2023, the minimum investment Daikon Fund, LLC accepts from an outside investor is $25,000.

Who can invest in Daikon Fund, LLC?

Daikon Fund, LLC 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 Daikon Fund, LLC raised?

Daikon Fund, LLC reports $1,790,830 sold from 30 investors on its Form D filed Apr 17, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Daikon Fund, LLC based?

Daikon Fund, LLC is based in Alpharetta, Georgia.

When did Daikon Fund, LLC launch?

Daikon Fund, LLC reports its first sale in Feb 2021.

Size compared with every hedge fund

Raised more than 26% of the 143 hedge funds based in Georgia, and more than 8% of all 10,128 that report sales.

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