Destiny Alternative Fund
Destiny Alternative Fund is a private investment fund based in Milwaukee, Wisconsin. According to its most recent Form D, filed Jan 14, 2026, it has sold $67,386,506 of interests to 132 investors since its first sale in Jan 2026. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include First Trust Capital Management L.P; Terrance Gallagher; David Lee.
- Total raised
- $67,386,506Cumulative sales reported on Form D
- Investors
- 132
- First sale
- Jan 1, 2026
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- First Trust Capital Management L.P; Terrance Gallagher; David Lee
- Latest Form D
- Jan 14, 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. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Destiny Alternative Fund
What is the minimum investment for Destiny Alternative Fund?
According to its latest Form D, filed Jan 14, 2026, the minimum investment Destiny Alternative Fund accepts from an outside investor is $100,000.
Who can invest in Destiny Alternative Fund?
Destiny Alternative Fund is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Destiny Alternative Fund raised?
Destiny Alternative Fund reports $67,386,506 sold from 132 investors on its Form D filed Jan 14, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Destiny Alternative Fund based?
Destiny Alternative Fund is based in Milwaukee, Wisconsin and is managed by First Trust Capital Management L.P..
When did Destiny Alternative Fund launch?
Destiny Alternative Fund reports its first sale in Jan 2026.
Size compared with every private investment fund
Raised more than 60% of the 60 private investment funds based in Wisconsin, and more than 66% of all 10,266 that report sales.
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