AltMountain

Diametric Partners, LP

Fredericksburg, VA · CIK 1845553
Status: no Form D since Feb 2022. 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.

Diametric Partners, LP is a hedge fund based in Fredericksburg, Virginia. According to its most recent Form D, filed Feb 14, 2022, the fund has sold $31,971,829 of interests to 16 investors since its first sale in Feb 2021. The filing does not set a minimum investment. 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 Diametric Capital Management, LLC; Eric Jockin; Diametric GP, 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
$31,971,829Cumulative sales reported on Form D
Investors
16
First sale
Feb 1, 2021
Minimum investment
None set
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Diametric Capital Management, LLC; Eric Jockin; Diametric GP, LLC
Latest Form D
Feb 14, 2022

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 Diametric Partners, LP

What is the minimum investment for Diametric Partners, LP?

Diametric Partners, LP's latest Form D, filed Feb 14, 2022, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Diametric Partners, LP?

Diametric Partners, LP 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 Diametric Partners, LP raised?

Diametric Partners, LP reports $31,971,829 sold from 16 investors on its Form D filed Feb 14, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Diametric Partners, LP based?

Diametric Partners, LP is based in Fredericksburg, Virginia.

When did Diametric Partners, LP launch?

Diametric Partners, LP reports its first sale in Feb 2021.

Size compared with every hedge fund

Raised more than 46% of the 101 hedge funds based in Virginia, and more than 38% of all 10,129 that report sales.

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