Expect Equity Onshore Fund LP
Expect Equity Onshore Fund LP is a hedge fund based in Pikesville, Maryland. According to its most recent Form D, filed Aug 28, 2025, the fund has sold $24,610,005 of interests to 12 investors since its first sale in Oct 2023. 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(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Expect Equity Fund GP LLC; Expect Equity LLC.
Performance
No verified returns have been reported for this fund. As a rough guide, Expect Equity LLC, which manages it, disclosed U.S. stock holdings that returned an estimated +20.2% 2026 YTD through Jun 30 (S&P 500: +9.5%), based only on its public 13F filings. Over a longer period, Q1 2025 to Q2 2026, the estimate is +38.3% (S&P 500: +27.4%).
This estimate covers the firm's whole disclosed long U.S. stock portfolio. It is not this fund's return and excludes dividends, fees, shorts, derivatives, bonds, cash and trading within each quarter.
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- Total raised
- $24,610,005Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Oct 2, 2023
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Expect Equity Fund GP LLC; Expect Equity LLC
- Latest Form D
- Aug 28, 2025
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 Expect Equity Onshore Fund LP
What is the minimum investment for Expect Equity Onshore Fund LP?
Expect Equity Onshore Fund LP's latest Form D, filed Aug 28, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Expect Equity Onshore Fund LP?
Expect Equity Onshore 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Expect Equity Onshore Fund LP raised?
Expect Equity Onshore Fund LP reports $24,610,005 sold from 12 investors on its Form D filed Aug 28, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Expect Equity Onshore Fund LP based?
Expect Equity Onshore Fund LP is based in Pikesville, Maryland and is managed by Expect Equity LLC.
When did Expect Equity Onshore Fund LP launch?
Expect Equity Onshore Fund LP reports its first sale in Oct 2023, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every hedge fund
Raised more than 39% of the 62 hedge funds based in Maryland, and more than 33% of all 10,308 that report sales.