Daniel Boone Fund LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed Sep 12, 2018, the fund has sold $768,728,901 of interests to 2 investors since its first sale in Sep 2011. The filing does not set a minimum investment. 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 Prisma Capital Partners I, LP; Prisma Capital Partners LLC; Prisma Capital Partners I, 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
- $768,728,901Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Sep 1, 2011
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Prisma Capital Partners I, LP; Prisma Capital Partners LLC; Prisma Capital Partners I, LLC
- Latest Form D
- Sep 12, 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 Daniel Boone Fund LLC
What is the minimum investment for Daniel Boone Fund LLC?
Daniel Boone Fund LLC's latest Form D, filed Sep 12, 2018, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Daniel Boone Fund LLC?
Daniel Boone Fund LLC 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 Daniel Boone Fund LLC raised?
Daniel Boone Fund LLC reports $768,728,901 sold from 2 investors on its Form D filed Sep 12, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Daniel Boone Fund LLC based?
Daniel Boone Fund LLC is based in New York, New York.
When did Daniel Boone Fund LLC launch?
Daniel Boone Fund LLC reports its first sale in Sep 2011.
Size compared with every hedge fund
Raised more than 85% of the 2,525 hedge funds based in New York, and more than 87% of all 10,129 that report sales.