AltMountain

Delta Institutional, LP

New York, NY · CIK 1130143
Status: no Form D since Sep 2018. 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.

Delta Institutional, LP is a hedge fund based in New York, New York. According to its most recent Form D, filed Sep 4, 2018, the fund has sold $1,561,303,171 of interests to 270 investors since its first sale in Nov 2000. 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 Trafelet & Company Advisors, LLC; Trafelet Brokaw Capital Management, L.P.

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
$1,561,303,171Cumulative sales reported on Form D
Investors
270
First sale
Nov 1, 2000
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
Trafelet & Company Advisors, LLC; Trafelet Brokaw Capital Management, L.P
Latest Form D
Sep 4, 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 Delta Institutional, LP

What is the minimum investment for Delta Institutional, LP?

Delta Institutional, LP's latest Form D, filed Sep 4, 2018, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Delta Institutional, LP?

Delta Institutional, 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 Delta Institutional, LP raised?

Delta Institutional, LP reports $1,561,303,171 sold from 270 investors on its Form D filed Sep 4, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Delta Institutional, LP based?

Delta Institutional, LP is based in New York, New York.

When did Delta Institutional, LP launch?

Delta Institutional, LP reports its first sale in Nov 2000.

Size compared with every hedge fund

Raised more than 93% of the 2,524 hedge funds based in New York, and more than 94% of all 10,129 that report sales.

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