Donerail Fund LP
Donerail Fund LP is a private investment fund based in Birmingham, Alabama. According to its most recent Form D, filed Feb 21, 2023, it has sold $72,968,019 of interests to 29 investors since its first sale in Feb 2021. 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 The Harbert Donerail Fund GP LLC; Harbert Fund Advisors, Inc; The Donerail Group LP.
- Total raised
- $72,968,019Cumulative sales reported on Form D
- Investors
- 29
- First sale
- Feb 2, 2021
- 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
- The Harbert Donerail Fund GP LLC; Harbert Fund Advisors, Inc; The Donerail Group LP
- Latest Form D
- Feb 21, 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. 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 Donerail Fund LP
What is the minimum investment for Donerail Fund LP?
Donerail Fund LP's latest Form D, filed Feb 21, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Donerail Fund LP?
Donerail Fund 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 Donerail Fund LP raised?
Donerail Fund LP reports $72,968,019 sold from 29 investors on its Form D filed Feb 21, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Donerail Fund LP based?
Donerail Fund LP is based in Birmingham, Alabama.
When did Donerail Fund LP launch?
Donerail Fund LP reports its first sale in Feb 2021.
Size compared with every private investment fund
Raised more than 70% of the 33 private investment funds based in Alabama, and more than 67% of all 10,266 that report sales.